A bullish divergence, with a recent bounce from a support level. SL Placed after the current low from the wicks testing the support level and TP is currently at the resistance level. However, shall update upon the trade depending on the movement. Possibility of moving TP further, upto top of the trend line. Slightly risky due to unemployment rate announcement on the 15th.
Comment:
Unemployment news in the UK today, along with Canadian CPI later this week. Currently dropping, speculative movement upon the figures release for the UK I believe. Hoping the volatility will not cause me to be stopped out.