Bounce off resistance & trendline

Zaktualizowano
RSI oversold. Price revisted the 1.283 zone following NFP and is being rejected strongly.
Transakcja zamknięta: osiągnięto wyznaczony cel
Price reached the target TP zone. Price currently barely reached the exact TP as indicated on the chart. Locking in profits @ 1.2715. Reason being the move occurred an hour before London open, when prices may reverse- I call this phenomenon the London Fade.
Uwaga
As expected, price reversed at London open
Chart PatternsGBPUSDTechnical IndicatorsTrend Analysis

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