Price has been bouncing between support and resistance... Waiting for price breakout.
I've got a buy stop ready if price breaks out of resistance and will be going long to previous resistance zone.
Reasons for trade:
- £ is showing strong bullish signs with RSI indicator
- 4 hr time frame is above ichimoku cloud
- Up trend took a big hit but is coming back up and showing signs of correction.
I've got a buy stop ready if price breaks out of resistance and will be going long to previous resistance zone.
Reasons for trade:
- £ is showing strong bullish signs with RSI indicator
- 4 hr time frame is above ichimoku cloud
- Up trend took a big hit but is coming back up and showing signs of correction.