Price is still below the 4-hr t line, and is falling below the 15 minute t line as well. I'm looking for price to make a move toward demand, and get in on this long term trend back above both t lines. I'll exit when I see some divergence accompanied by a break of structure.
Price is clearly coming down now, this is a good sign. I put a buy order in @ 1.0525 I want to take profit close to 1.058 and I used a 35 pip stop because the London open is really volatile. I'm only going to risk about 1% on this trade, because I'd like to be able to get back in long, should the 35 pips not be enough. #OPINIONLEADER#
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