Here on the 4H, we are coming into 2 counter trendlines as well as a zone of support. With current P.A and high impact news in 1 hour, i believe this is looking like a false breakout. Any conservative traders should stay out of this trade as it is not advised to be putting risk on the table with big news events. With you aggressive traders, look to have your SL around 0.68 as this is below the previous higher low.
Please give a like and comment below your opinion on this and what your position is!
Please give a like and comment below your opinion on this and what your position is!