This pair has been moving between 1.4 and 1.44 for more than a month now. The 8 hour charts shows good reversal signs once again. There's therefore a good chance for a reversal towards the mean.
I've set a wider stop loss to accommodate for some volatility from the ECB rate decision tomorrow.
Comments or idea's, let me know.
Good trading today!
I've set a wider stop loss to accommodate for some volatility from the ECB rate decision tomorrow.
Comments or idea's, let me know.
Good trading today!
Trade closed: stop reached:
It hit my stop by just a pip or so :(