Breakout,Test and Bounce!
2019-11-25 02:26:25
The blue shaded area shows and area which was resistance since 23 September. This was pierced through by a strong candle on the 28 October week. We then successfully tested this break with a touch of the tenkan and we got good rejection from that zone. We get in now and target the previous high and then the monthly tenkan region.
Entry: 0.9020
SL: 0.8953
TP1: 0.9115
TP2: 0.9187
Manage risk appropriately!