#OPINIONLEADER# We have to keep in mind that today is a Bank Holiday in the USA. Having said that there is a good setup on the 4H GER30. The current BAR will close in 20 minutes and if it is a bull or BAR up BAR, there will be a bounce of off the trend-line. I do not expect a trade with long legs but a quick-ish up move is possible. If the BAR closes as a non BUY/BULL BAR I will not take the trade but rather wait to see what happens later. Im not going to give hard profit levels or stop loss levels for this trade. The public holiday always makes me a bit nervous for trades also its non farm payroll week which adds to the uncertainty. What I do normally like about banking holidays is that we can expect a trend for the day. Which is a good thing to remember for pairs like #USDZAR# or #GBP/NZD# #Pip# #trading# #tradesetup#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now