Both the trades triggered as expected
Stops moved a bit more close to the entries with a close to 0-loss on the cards
On H1, noticed a falling wedge, but not too sure if this will work. Regardless, expecting a retest to 1.5697 (on CPI data maybe?)
Any move higher will likely see the trades stopped out.
In this event, will look to enter again near 1.57 - 1.569
The early entry did work as price dropped out of the rising wedge and closed below 1.5266. Will move stops to BE towards EOD
Tempted to add to positions if there is a bounce on the larger wedge (red), although I expect a straight run through for this set up to work, else the position might be at risk. Will most likely leave this trade alone with the current set up and focus on moving Stops to BE by EOD.
While the trade triggered prematurely, price managed to break out of the falling wedge
Now I expect a retest to 0.92185 and tempted to add more positions here, targeting .936 for new trades
Will see how PA shapes up into US session.