GBPAUD
A trace back to the 8-21 EMA area today probably sparked a league of break-entry exits being filled but it has closed enough from the high to not invalidate the previous day’s signals.
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This is an active trade for me at the moment.
Friday could be a quiet day with a bit of upside action as people reconsider their short entries. Leaving further action for Monday open. I don’t see any clear signals to exit early at this time since todays candle is not engulfing the action of the previous days.
A trace back to the 8-21 EMA area today probably sparked a league of break-entry exits being filled but it has closed enough from the high to not invalidate the previous day’s signals.
==============================================================
This is an active trade for me at the moment.
Friday could be a quiet day with a bit of upside action as people reconsider their short entries. Leaving further action for Monday open. I don’t see any clear signals to exit early at this time since todays candle is not engulfing the action of the previous days.