Hey traders,
Thursday is CPI news day, so it’s bad for trading.
That said, if you are a swing trader, there is a possibility you could still take a trade amidst the chaos. Let’s hit them charts.
1. GBP/USD
GBP/USD is currently at a key resistance zone, also the stochastic is over bought, and 200 ma is slightly above the resistance zone.
If the daily candlestick closes as a gravestone doji, or bearish pinbar, then there is a huge possibility that price may re-visit NPSL within the next two weeks
What say you?
NOTE:
Check out our mouth watering discounts on any of the proprietary firm’s challenges:
-
THE FUNDED TRADER: (Use the coupon code: THE0CRAFTER)
- BESPOKE FUNDING PROGRAMME
- FUNDED ENGINEER
- BLUE GUARDIAN (Use the coupon code: CRAFTER)
- GOAT FUNDED
- LARK FUNDING
- SKILLED FUNDED TRADER
- MAVEN TRADING
- MY FLASH FUNDING (Use the coupon code: “FILLIPO” for a -25% discount)
- THE5ERS
