This is my idea of ALGO for today (could take a few days as well to complete)
We see a nice trendy channel here. I pulled my FIB retrace as well just to see where I could take my entries and TPs.
My initial entries were at
1) 1.1178 – DONE
2) 1.0114 – DONE
3) 0.9118 – Still pending (waiting for potential wick)
4) 0.7500 – Safety entry in case of a major crash (almost at-45%)
For the fourth entries, I truly recommend you place a bigger amount they the 3 others to compensate and DCA properly.
My TP is at 1.2424 which is the resistance of the trend (pink top-line)
Weekend is coming, be carful, market is always volatile
Have a wonderful weekend