Good afternoon traders. A look into this morning's trade.
I am back in front of the charts and ready to take on this year. Let's make some cash.
From last week Thursday, the market was in a consolidation. The resistance zone is as marked out on the chart, this morning in the London open, price broke above this zone on the 30min chart, and retested that resistance as a support giving a perfect retest entry. TP was at the 800ema, however, I decided to hold a bit more and jump out at 90pips. Good start to the week.
Be safe, lets kill it
I am back in front of the charts and ready to take on this year. Let's make some cash.
From last week Thursday, the market was in a consolidation. The resistance zone is as marked out on the chart, this morning in the London open, price broke above this zone on the 30min chart, and retested that resistance as a support giving a perfect retest entry. TP was at the 800ema, however, I decided to hold a bit more and jump out at 90pips. Good start to the week.
Be safe, lets kill it