Long: GBP/ZAR
Placing a long trade here for the day, will close before 22:00 BST today to avoid slippage on the weekend.
NFP results are today so trying to stay clear of USD
Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance.
4HR indicate the potential for an up-swing, candles are sitting on resistance, MACD & signal line are crossing and the K% & D% in the stochastic oscillator are crossing in the momentum zone.
NFP results are today so trying to stay clear of USD
Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance.
4HR indicate the potential for an up-swing, candles are sitting on resistance, MACD & signal line are crossing and the K% & D% in the stochastic oscillator are crossing in the momentum zone.
Trade closed: stop reached
This trade went really well
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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.