EA is currently bearish. Price broke above the hourly LH but never created new hourly bullish structures. Price tapped back into the LH, broke above and broke back below to retest on the 15m time frame with a bearish candle closure. Selling here made the most sense to me. We'll see how price reacts. If all goes well we could expect price to tap back into that hourly LH or even break lower to 1.60500.
Trade active
Stops are pretty tight since I entered a bit late. BUT the SL still makes sense in this area. I don't want to see price go any higher from here IF bears are gonna continue to be at play here. This will be my last trade of the week. Can either hit SL with a bit over 2% profit for the week or hit tp and end the week a bit over 6%.Trade closed: target reached
SL hit in profit. Slow week but managed to end it with 4%. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.