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.
Note
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.
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.