With bullish RSI divergence, previous structure and my previous post of the anticipated 2618 trade for next week, this looks like it could be a good opportunity to get long.
I'm looking at a tight 45 pip stop with a 169 pip target. The target is well short of my 2618 entry as a precaution if that trade doesn't eventuate. I would have an initial target of 95 pips at 0.7439x and if hit, roll stops to break even for the second half of the trade.
I'm looking at a tight 45 pip stop with a 169 pip target. The target is well short of my 2618 entry as a precaution if that trade doesn't eventuate. I would have an initial target of 95 pips at 0.7439x and if hit, roll stops to break even for the second half of the trade.
