The price was rejected by the 100SMA Today and might continue the mild bullish run tomorrow. My thoughts are that the price could move lower to touch the 200EMA. TP for shorts in the 1.2850 - 1.2840.
Comment:
Your thumbs up and comments are much wanted and I am grateful to receive them.
Trade active:
The price has been going up as expected.
Trade active:
Keeping an eye on the chances of reversal for the pound sterling.
Trade active:
On second thought, I might stay long. :)
Trade closed manually:
Staying long was the right decision. The price moved 90 pips higher.
Trade active:
The bears are back and it's possible that they are going to reach our TP for shorts.
Trade closed: target reached:
The TP for shorts is about to be reached for a second time.
