When we look at the weekly chart, we see that the short signal is received :
When we look at the futures terminal, we see that the British Pound is the highest rising against other currencies :
In the light of this information, some withdrawal can be expected in British pounds.
The following parameters can make this analysis less risky:
Position Size : %1
Risk/Reward Ratio : 1/2
Stop-Loss : 1.31199
Target : 1.27859
Regards.
Comment
The messages of the Central Bank of England are very critical here. It will add clues to our trade in every way.
Levels of 1,289 can be expected naturally. But the messages to be given for more will determine the direction.
I will be following,regards.
Trade closed: stop reached
No worries , we ll definitely take revenge !
Comment
Here we have to set the target a little harder, safer range, with a very low risk / reward ratio on the weekly chart. Commodities have not settled yet. Let the markets get on the track a bit more, let's get through these red areas, very good analysis will then give the opportunity.
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