On the 1Hour chart the 55SMA was tested three times and a small tweezer top against it could bring a temporary downwards move. Take note of the possible move. My first 30% partial profit is thus set at 1.2975 and my stoploss moved to 1.2940 (using the 10pips gained today) to breakeven as I am not at ease with the current motion of the market. Will re-enter later on when market moves past 1.3000 should I get stopped out.
4Hour made a spinner with people buying off the bottom and people selling of the top. Uncertainty.
4Hour made a spinner with people buying off the bottom and people selling of the top. Uncertainty.
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