Good morning,
This pair had really tough time approaching this daily resistance - pretty slow rally.
On the H4 we can see no HH sequence recently - as we are getting closer and closer to this sell zone.
As another type of resistance, we have a trend line touch on the same spot.
I will be watching the current move for potential shorts.
This pair had really tough time approaching this daily resistance - pretty slow rally.
On the H4 we can see no HH sequence recently - as we are getting closer and closer to this sell zone.
As another type of resistance, we have a trend line touch on the same spot.
I will be watching the current move for potential shorts.
Trade active
Note
First target hit. Haha that was insane trap for buyers.Trade closed: target reached
Trade of the week. 130pips.The other one would be EUR/GBP but missed by 7 pips.
You can take some profit and move stop to zero.
Cheers!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.