SHOW ME THE MONEY is what my ex wife said to me as she filed for a divorce, so i opened my wallet and sitting there was a £1 coin so that is all she got! Doesn't she know everywhere is pushing contactless payment now so i dont keep cash on me.
This looks like a lovely setup if you have patients, as we can see 1.16000 is a key level that has previously been used many times as support and resistance dating all the way back to 1994 and the same can be said about 1.25000 which is my 600 pip target for this trade from current price.
Bulls already made a 250 pip bounce off 1.1600 level after the bears pushed 300 pips down to this level, so that tells you this is a well respected level and with a weak USD our 600 pip target can easily be achieved.
Feel free to ask me some questions and i will do my best to reply, i am here to help so dont be shy WE ALL START SOMEWHERE.
This looks like a lovely setup if you have patients, as we can see 1.16000 is a key level that has previously been used many times as support and resistance dating all the way back to 1994 and the same can be said about 1.25000 which is my 600 pip target for this trade from current price.
Bulls already made a 250 pip bounce off 1.1600 level after the bears pushed 300 pips down to this level, so that tells you this is a well respected level and with a weak USD our 600 pip target can easily be achieved.
Feel free to ask me some questions and i will do my best to reply, i am here to help so dont be shy WE ALL START SOMEWHERE.