Breakout long for the next week

16 Eyl 2020

Hopefull breakout of this range that pound kiwi is currently in and look for a retest of the highs of the range (1.9250) before taking a long position. if price bounces well and we get confirmation through a test bar then we can set a nice tight stop loss just inside the range meaning we can have a high risk reward

16 Eyl 2020

Not

price has now broken the range. Wait for it to push onwards and become oversold before pulling back into the 1.9250 range long