Blind short entry on 4 touch S turned R - Entry on 109.405

Güncellendi
Waiting for price to reach back to 109.666, head to the downside and break through 109.330 then come back for a retest where entry will be, then make a further move to the downside to 108.635, with a 1.5 R trade. SL placed at 109.796 and TP at 108.595.

Fib confluence found at support with 50 fib.

All dependant on whether price decides to break through as it has tapped into a large liquidity pool at 105.260.
Not
Price reached FTA and will most likely not reach SL level before the restest, following day will tell
Not
Price made major push with CPI data, looking for a rejection from here. Trade still valid
Trend Analysis

Feragatname