I am looking for a strong bearish candle to confirm weakness in this pair. Then small short opportunity, but must fit my plan exactly or no trade.
However, I predict it will be short lived as USD weakness will overtake next week or two and give the cable a little boost back up to major resistance.
My Bias is that this pair will be in a large range for the rest of 2017. Trade tops and bottoms.
We will see, I don't own a crystal ball. Trade with care on this pair.
However, I predict it will be short lived as USD weakness will overtake next week or two and give the cable a little boost back up to major resistance.
My Bias is that this pair will be in a large range for the rest of 2017. Trade tops and bottoms.
We will see, I don't own a crystal ball. Trade with care on this pair.
Comment:
Modified Entry zone to 1.2910 on assumption this flag/correction will be stronger.
Trade closed: target reached