GA short and possible range trade or long

The 4hr shows a good short setup right now after Friday's close. It may move a little higher for a better entry, but the trade should net 300—400 pips. A close above support negates the short and may make a good long to the top of the range, also 350—400 pips up. Should it go in that direction a move higher to a new zone becomes possible if it breaks resistance.

Zlecenie aktywne:

the entry setup for today/Mon (London open).

Zlecenie zamknięto ręcznie:

The pair is currently consolidating and looks like a good set up for a break out trade either up or down.