We can see the price breaking through liquidity zones from Thursday, January 26th, a weekly reversal Wednesday where we can take a buying opportunity at institutional buy liquidity zones such as daily, weekly, or monthly lows. In this case, we will look for a 1:3 trade starting at an entry price of 17.07, targeting a TP at 17.16. The stop loss will be at 17.04, seeking an entry with 30 pips of SL and 90 pips of TP / 1:3 risk-to-reward ratio.
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