I can see price heading up and respecting that valued resistance zone and heading to the downside for future moves. But I will only be targeting my desired RR which is 1:4, I am currently waiting for more confluences to be met before I enter this specific trade that being a moving average crossover wick rejections of the current zone etc...
Lets be patient and watch what this pair does as the market is coming to a close for the weekend so this trade could be a nice set up for next week.
Trade safe, thanks
Lets be patient and watch what this pair does as the market is coming to a close for the weekend so this trade could be a nice set up for next week.
Trade safe, thanks