Okay I have a couple of options here!!
price rallied all the way from 0.82498 on the 14th April and broke a significant high at 0.85129 on 5th may
Also stop hunted retail resistance above 0.85988 and we have the market looking for lower prices
but because of that April-May Break of structure , I remain bullish within this price leg and i see multiple equal lows within which for me signifies Retail support
i believe this market will be drawn to these equal lows to hunt for any stops ..before any significant MarkUp
Option 1(Intraday): Buy @ 0.84680 SL 30Pips max and target at least 60pips
Option 2(Swingers): Buy @0.83650
SL 70pips and target 200+ pips
price rallied all the way from 0.82498 on the 14th April and broke a significant high at 0.85129 on 5th may
Also stop hunted retail resistance above 0.85988 and we have the market looking for lower prices
but because of that April-May Break of structure , I remain bullish within this price leg and i see multiple equal lows within which for me signifies Retail support
i believe this market will be drawn to these equal lows to hunt for any stops ..before any significant MarkUp
Option 1(Intraday): Buy @ 0.84680 SL 30Pips max and target at least 60pips
Option 2(Swingers): Buy @0.83650
SL 70pips and target 200+ pips
Comentarios:
UPDATE: IF PRICE IS TO MAKE A LOWER TIP TOWARD 0.83650 , THEN I CAN LOOK TO SHORT THE MARKET LOWER BEFORE I BUY IT BACK UP AT MY POI 3