Breakout occurred which took the price past the regular resistance, price action slowing down with the slowdown of the trend on lower timeframes with a long wick and shorter body of the most recent bullish candlestick alongside a bearish RSI indicating that it is currently oversold. The trend may continue however I predict the trend to end and return to the regular level to around the 1.33439 level where I will set TP which is the typical resistance on the 4 and 1-hour timeframe.
Trade ist aktiv:
Shifted SL to 1.34060 Could also shift TP to 1.33361 if you want a greater reward
Trade wurde manuell geschlossen:
Sorry for no updates been away.personally I closed the position in politics on the 22nd before it became bullish