We have a lot of data out at 9.30am GMT +1 for  UK today. We have good separation of the 21 & 55 ema so trend is strong. however price is at WR1 1.5650 price  could retrace a little

Sell Order : look for price to break the 21ema then look for a lower high or double top price pattern to enter a short trade.

Buy Order : Let price break WR1 resistance then  price to retrace back to test now support and fail to break then enter a Long order.

2015-07-15_06-59-49

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.