Notes on the chart to help explain my thoughts on this, I can see it breaking the 1.1 mark and pushing up.
Again not an active trade until the rules are met. Possibility of the 1.1 proving too strong forcing the price back towards the existing support.
Again not an active trade until the rules are met. Possibility of the 1.1 proving too strong forcing the price back towards the existing support.
Trade active:
So it seems to have bounced and will push down to the 1.08 mark at least. I have now shorted this
Comment:
this might retest the blue line before dropping
Trade closed: target reached