i had exited my previous long positions as i did not like how markets were impusing up, now that i have have taken another look at how structure is developing i came to this conclusion. if price manages to breakout i will be a seller. i expect tp1 to hit. tp2 and 3 we may have to book profits early. price action will tell us what to do. this setup has a high probability of breaking out.
- abcwxy correction
entry: price breakout
sl: high or 10 pips above high before b.o.