Trade photo.

Trade photo.

It's a 'risk on' trade, based on the market preparing for US rate cuts. Asking for a small pullback, with a stop loss behind a 4hr swing.

If it triggers, it could be a trade that takes a while to complete. The risk to the trade is USD strength, which could be caused by a number of factors.

If the trade hasn't triggered by Wednesday's European session, I will delete the order and re-assess.

Feel free to email any questions: johnnelfedforexblog@gmail.com