Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H4 Entry Signal
1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 1.2830 area, indicating a continuation in market sentiment.
The break of up trendline will add extra confirmation for bearish continuation.
2. Fair Value Gap (FVG):
On the Daily & H4 chart noted a Fair Value Gap (FVG) between 1.2768 - 1.2857
3. Position:
Entry : 1.2730
Stop Loss : 1.2861
Take Profit: 1.2150
RRR : 1:4,7x
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