Not a bad GDP from across the pond, and a little risk on. What more can you ask for buying into this break ?
A few pointers and this is what i’m doing. Please don’t take this as a given – they are only my views, straight from a blustery Wednesday afternoon.
105.75 is the key level in my opinion. Yes there’s a little support above but look where volume has traded below the two MA’s
Look at my red arrow. This is my line in the sand. However you’re wrong below 25’s
If trading a trend or break don’t be afraid buying at market – BUT SMALLS then add to the position. If it’s a real break you may miss it if you wait. DON’T forget the word SMALLS
Just some top line thoughts from yours truly.
Enjoy the flows.