1. In the direction of the trend
2. At the top of the range box (breakout failure)
3. At the 0.382 retracement level
Entry price = 1.0950
Stop loss above the wick = 1.10280
Take profit target at the bottom of the range box = 1.0731
R:R = 3:1
2. At the top of the range box (breakout failure)
3. At the 0.382 retracement level
Entry price = 1.0950
Stop loss above the wick = 1.10280
Take profit target at the bottom of the range box = 1.0731
R:R = 3:1