- Price is now at the top of the resistance line
- Candles are indicating a uncertainty and possible direction change
- Signal line is moving towards crossing the MACD line
- Histogram is weak and potentially going to turn bearish
- Stochastic Oscillator is showing an overbought market
I have split the trade into 2 with two TPs which can be seen with the yellow line. Once TP 1 is hit, I will change my stop to a trailing stop loss.
- Candles are indicating a uncertainty and possible direction change
- Signal line is moving towards crossing the MACD line
- Histogram is weak and potentially going to turn bearish
- Stochastic Oscillator is showing an overbought market
I have split the trade into 2 with two TPs which can be seen with the yellow line. Once TP 1 is hit, I will change my stop to a trailing stop loss.
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UK debt hits £2Tn for the first time ever!!
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TP1 hit
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TP2 hit