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I am long this since yesterday.
Entries @ 1.3933 - 1.39222 - 1.39395
Actually got in at the very top earlier and messed it up trying to add to the trade.
Note to self - Don't add to a trade when it has hardly moved!
As before I was trying to short GBPUSD down to this level to get long, basically I was going to hedge in a better entry and eliminate draw down but missed the short.
Want to get long to 1.4548.
Looking to short cable around this level.
All the way down to my TP where I will then look for bullishness to get long.
Short EURUSD - on a retest of RTO
Bearish down to TP or near to - when bottoms I will long all the way upto to Quarterly Void Fill.
May hedge in the position using the short potentially > and scalp some profits on the way down.
Big long idea inline with seasonal and dollar bear.
Looking to long at this level for at least a 1R move late in the day.
QM Level - small risk, lets see what unfolds.
Planning a buy limit off the level shown with a 20 pip stop loss, this is for a potential swing trade but this will be first take profit level.
Reasons for getting into the trade EURGBP keeps indicating new lows so bearish trend ?
April seasonalities also conjure being bullish pound which would go inline want to see a clean break of 1.4075 & 1.4096 for real ...