I should've put up this post earlier as I took a long trade yesterday at @ 8:32am. Price rallied through out the day so a currently up by 95pips. My initial target is to see if price passes 12466.5, which is a resistance level on H4 as price retraced from on 29th of July . If this level is not passed within the next 4-8hrs I will be looking at closing trade. My final take profit is at 12574.8 which also a former price retracement zone from 25th of July 2019
Trade closed: target reached:
Its been a very turbulent day in this market caused by Harmonised Index of Consumer Prices (YoY) (Aug) release & speculations caused by Draghi's penultimate meeting. However this caused volatility which in my case resulted in my 1st set target at 12466.5 to reached , bagging me 110pips but surprising on the H4 chart price is failing to surpass this region of Resistance . So with that i will not be expecting my 2nd target at t 12574.8 to be reaching anytime soon, not this week anyway. With that am out of this market with a wee smiley face :-))