Happy New Year everyone.
This is my first trade for 2017. I see 0.7300 as a strong resistance and this is further confirmed by a deep crab pattern setting up. The trade is now triggered. My entries are shown below.
I will target the 0.7150 level for the final ticket.
Ticket 1:
Direction: sell
Entry price: 0.73
Stop loss: 0.7335 (35 pips)
Target: 0.7260 (35 pips)
Ticket 2:
Direction: sell
Entry price: 0.73
Stop loss: 0.7345 (45 pips)
Target: open