EURGBP - Bent head...going down to the CL for a nap?
Alltough the ST Trend is up, i see what i see: Multiple rejections from the orange/red zones.
This kind of Trade is exactly what i like when i say, look for a good stop.
Following the law of Action/Reaction, the target is the Center Line.
Hint: A turn seldom comes on a dime. Price needs to eat up time (going sideways) to create space, to go in the other direction.
This kind of Trade is exactly what i like when i say, look for a good stop.
Following the law of Action/Reaction, the target is the Center Line.
Hint: A turn seldom comes on a dime. Price needs to eat up time (going sideways) to create space, to go in the other direction.
It's good to have stops...
...never trade without!
P!