Short-Term 62 pip trade in GBPUSD
Technical:
(1) Divergence
(2) minor support
(3) oversold intraday on the 1 hour chart
Fundamental:
This is a short-term trade that happens to line up with a fundamental direction; however, I will take partial profits around 62 pips, then hold and see if it rolls over into the medium-term,fundamental, direction.
Technical:
(1) Divergence
(2) minor support
(3) oversold intraday on the 1 hour chart
Fundamental:
This is a short-term trade that happens to line up with a fundamental direction; however, I will take partial profits around 62 pips, then hold and see if it rolls over into the medium-term,fundamental, direction.
Trade active
Trade closed: target reached
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.