1) Previous daily candle closes as bullish at 132.220 with a downtrend momentum.
2) Technically, price closes below 132.5, hence i`m looking for a rejection between 132.25 - 132.5 for a sell direction.
1) Price made a retest / rejection at 5am candle with a bearish closing.
2) I will make an instant sell at the next h1 of 6am at 132.358
My profit target to close would be at 131.75 , around 50 + pips from the entry made.
CL will be made if price were to break above the Resistance at 132.5
End result : Target reached
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