So cancelling the early morning trade was the right thing to do. I said price will most likely mess around all day and that's what has happened.
So what's next?
On the lower timeframe than what I usually stick to, we might have a smaller trade setting up which might possibly start this evening and continue overnight till tomorrow morning UTC.
As you can see we have a nice wedge on the 30 minute TF, if price breaks out the bottom this evening at Point A, I may place a trade to go Long with a rough Target of point B.
So what's next?
On the lower timeframe than what I usually stick to, we might have a smaller trade setting up which might possibly start this evening and continue overnight till tomorrow morning UTC.
As you can see we have a nice wedge on the 30 minute TF, if price breaks out the bottom this evening at Point A, I may place a trade to go Long with a rough Target of point B.
