I am shorting this pair based on my analysis with a 12345 point move hoping for it to start rising to around 120.572 when market opens and then short down to around 119.760. this is around a 80 pip move would appreciate feedback and comment but please be respectful I am a new trader.
So I have identified a few different support and resistance levels I believe currently running in between 1.2860 and 1.2800 if my support is broken and I can see it broken strong I am going to go short and TP=1.2200 I will probably put a few TP along the way see how we go. if my resistance line is broken I may choose to go long and watch manually. please would...