There is a lot of pressure by price to the upside of the red line. More touches signals weakness. I want to see a clean break of the support and then buy on retrace of the level.
Target is only 50-60 pips as further up is a nice level of one sided support i.e the level has no price support and resistance only support- stats say this a better type of trade than one with prior S&R.
No W1 or D1 bias
News will hopefully provide a nice clean push through the level
Target is only 50-60 pips as further up is a nice level of one sided support i.e the level has no price support and resistance only support- stats say this a better type of trade than one with prior S&R.
No W1 or D1 bias
News will hopefully provide a nice clean push through the level