Setup strategy : (sell stop @ 0.8980)
Wait for price to break the yellow zone, retest for sell confirmation
BOE rate decision on Thursday @ 7pm MYT where the bank likely to hold rate unchanged at 0.10%
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Wait for price to break the yellow zone, retest for sell confirmation
BOE rate decision on Thursday @ 7pm MYT where the bank likely to hold rate unchanged at 0.10%
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority