Market is oversold in a larger bull trend.
We are looking to take this long swing for the next 1 to 2 weeks or so.
Entry: 1.2785
Stop loss: 1.2667 (4 hour candle must open and close below this level) we will be adding to position if it does not invalidate the trade.
Take Profit: 1.29 -1:1 RR
Take Profit 2: 1.3033 1:2 RR
Take Profit 3: 1.3192 1:3 RR
As always we will keep this trade updated on this tread!
Let's keep the pips coming!