After securing major profits with 11 wins in a row we look for our next play.
We have decided not to trade within these areas as the news has been controlling the price action.
As you can see we hit major overhead resistance in our green take profit zone ( We closed all positions in profit @1897 - You can see previous post ) and had a pull back.
So where are we heading next?
I will look for confirmation within our green box in the middle of the channel for buying opportunities. I don't see us testing the bottom of the channel but we will have a plan B in mind.
We have decided not to trade within these areas as the news has been controlling the price action.
As you can see we hit major overhead resistance in our green take profit zone ( We closed all positions in profit @1897 - You can see previous post ) and had a pull back.
So where are we heading next?
I will look for confirmation within our green box in the middle of the channel for buying opportunities. I don't see us testing the bottom of the channel but we will have a plan B in mind.
Trade closed: target reached:
Booking massive profits from 1923