A good opportunity with 2 options. Sell now or sell in case of break. What are the advantages and disadvantages?
If you sell now: - The stop will be small - just above today's candle. - The profit will be higher - 140 pips. - It is more risky - there is no confirmation of the movement.
If you sell after a breakout: - The stop will be bigger - above the previous peak. - The profit is smaller - up to 73.05. - Lower risk - there will be confirmation and break.
Which option to choose depends on your risk appetite. In both cases, calculate correctly the volume with which to go in!
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