After a small climb yesterday, the chart is potentially indicating a reversal.
- Stochastic is showing the market is overbought
- Macd signal line has crossed the macd line
2TPs set, once TPhas been hit I will set a trailing stop for TP 2
- Stochastic is showing the market is overbought
- Macd signal line has crossed the macd line
2TPs set, once TPhas been hit I will set a trailing stop for TP 2
Comment:
UK debt hits £2Tn for the first time ever!!
Comment:
GBP is fight CHF, leaving uncertainty on the 8am candle. Might be a time to cost average the losing trade, but I am 50/50 on reversal.
Trade closed: target reached:
TP1 hit
Trade closed: target reached:
TP2 hit