From the 4H chart observation, the price is trying to break through 1.0485 resistance position.
Short term trading strategy:
1 price reached 1.0485, small positions, sell
2 price breakthrough 1.0485,,chase more, target of 1.055
3 Wednesday or Thursday price reached 1.055, sell
Short term trading strategy:
1 price reached 1.0485, small positions, sell
2 price breakthrough 1.0485,,chase more, target of 1.055
3 Wednesday or Thursday price reached 1.055, sell
Trade active
Trade closed: target reached
+100pips
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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.
Related publications
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.