A reversal in action on the Sterling after breaking 1H 50EMA resistance level and bullish reversal on the Daily.
(Look for long setups)
Wait for a pullback and a confirmation candle and trail stop until 4H bearish momentum reversal.
Repeat until Daily momentum reversal.
Pay attention to the 50EMA on the 4H if it will hold as resistance.
(Look for long setups)
Wait for a pullback and a confirmation candle and trail stop until 4H bearish momentum reversal.
Repeat until Daily momentum reversal.
Pay attention to the 50EMA on the 4H if it will hold as resistance.