Watching the zonal trading patterns in the market -
4 hour chart:
1.2 zone tested and then rejected by market.
Clear pattern of trading dominated by the bears.
PM resigns and UK in chaos financially - sell sell sell.
Dominant trade below 50 and 150 EMA
stoch supports sell
Game plan is to hold till 1.9 and then review; due to some losses this week financial target was wiped out, therefore SL being moved every so often.
4 hour chart:
1.2 zone tested and then rejected by market.
Clear pattern of trading dominated by the bears.
PM resigns and UK in chaos financially - sell sell sell.
Dominant trade below 50 and 150 EMA
stoch supports sell
Game plan is to hold till 1.9 and then review; due to some losses this week financial target was wiped out, therefore SL being moved every so often.
Trade closed manually:
Trade closed in profit @ 1.9400