Placing a long trade here for the day, will close before 22:00 BST today to avoid slippage on the weekend.
NFP results are today so trying to stay clear of USD
Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance.
4HR indicate the potential for an up-swing, candles are sitting on resistance, MACD & signal line are crossing and the K% & D% in the stochastic oscillator are crossing in the momentum zone.
NFP results are today so trying to stay clear of USD
Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance.
4HR indicate the potential for an up-swing, candles are sitting on resistance, MACD & signal line are crossing and the K% & D% in the stochastic oscillator are crossing in the momentum zone.
Trade closed: stop reached:
This trade went really well