Tonight i bought @ 128.98 with TP 129.74 and SL 128.49.
On the 4 hour chart Important resistance around 128.40 - 128.50 has been broken with the next important trend line resistance is around 130.00. The lack of a strong dip indicates that that the pair maybe setting up for another move up. RSI is looking slightly bullish and the 100EMA is only 25 pips away. Next resistance in the 1 hour chart is around 129.30. I would set a 35 -40 pips trail to be on the safe side.
My platform just loss connection so I will try and do the short 5 - 30 minutes analysis when I get back online.
No comments:
Post a Comment