Price heading to 1.25000 for a retest
Price hit resistance and started to push back down while forming subtle Lhs on it's way down.
I saw price push back up so a retest trade was possible around 1.25430, i took a couple of early trades which i had to close for a small loss.
Once i had gotten a good entry that i was satisfied with, i set my SL just above the daily high if i was wrong i would know that the momentum had shifted to bullish.
Price went my way but i closed a few pips above Tp because it was Friday and anything could have happened since time was nearing 1700hrs GMT+2 London close which usually turns GBP pairs bullish.
I saw price push back up so a retest trade was possible around 1.25430, i took a couple of early trades which i had to close for a small loss.
Once i had gotten a good entry that i was satisfied with, i set my SL just above the daily high if i was wrong i would know that the momentum had shifted to bullish.
Price went my way but i closed a few pips above Tp because it was Friday and anything could have happened since time was nearing 1700hrs GMT+2 London close which usually turns GBP pairs bullish.
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