This is a very oversold pair which has just bit a 1.127 extension on the 2 hour. The support level is at 18750. I am scalping the first one and am waiting for the bullish candlestick formation. It should pop up for another 100 pips or so before falling again...
Trade active:
Ok this worked out well. I am break even with one off earlier this morning for 200 pips. Holding at break even. Thanks!
Trade active:
Staying Bullish! I've removed half of this and am pulled to the break even. Thanks!!!
Trade active:
Holding this over the weekend. Have a great one!!
Comment:
I am flat on pound aussie and pound canada and pound new zealand through the week.