Most markets sold hard today due to news of Russia + Ukraine war beginning. In my opinion this is an opportunity to buy the fear but I am open minded to either side of the break of this corrective channel.
My Plan for LONG:
Entry: close above 1.1215 (2 consecutive bullish candles 5m time frame)
TP: 1.1285
SL: 1.1995
60+ pips gain > 3:1 R/R
My Plan for SHORT:
Entry: close below 1.1185 (2 consecutive bearish candles 5m time frame)
TP: 1.1346
SL: 1.1201
40 pips gain > 2.5>1 R/R
* not financial advice *
My Plan for LONG:
Entry: close above 1.1215 (2 consecutive bullish candles 5m time frame)
TP: 1.1285
SL: 1.1995
60+ pips gain > 3:1 R/R
My Plan for SHORT:
Entry: close below 1.1185 (2 consecutive bearish candles 5m time frame)
TP: 1.1346
SL: 1.1201
40 pips gain > 2.5>1 R/R
* not financial advice *