Ok. My Entry into this trade was 1.2135, after a week of choppy price movement. As a swing trader i see we are in a range.
We are now trading @ 12163. If Brexit triggering does make this market fall, i cant see enough volume for the down side aggressive . On the other hand, i can see a rally to the upside. So as usual, tight stops @ 12110 No lower, Entry above 12140 . Targets higher @122/123 This is my scenario. Keep an eye on the price. If you enter and get pull down, hedge and return trade..
We are now trading @ 12163. If Brexit triggering does make this market fall, i cant see enough volume for the down side aggressive . On the other hand, i can see a rally to the upside. So as usual, tight stops @ 12110 No lower, Entry above 12140 . Targets higher @122/123 This is my scenario. Keep an eye on the price. If you enter and get pull down, hedge and return trade..