We broke the previous resistance zone and now it becomes support.
It can come back to retest the zone, so stops should be below that zone.
Fist target - 1:1 risk reward, or the resistance zone 1,52370 which gives risk reward 2:1
Once first target taken the stop of second trade goes to break-even and we keep the movement as far as it goes until we get an engulfing candle on 4h chart.
It can come back to retest the zone, so stops should be below that zone.
Fist target - 1:1 risk reward, or the resistance zone 1,52370 which gives risk reward 2:1
Once first target taken the stop of second trade goes to break-even and we keep the movement as far as it goes until we get an engulfing candle on 4h chart.