– Buys on close above 157.100 as price breaks previous Daily candle high targeting 15min previous Support formed on (23.09.2022) at 157.670, Leaving Runners to the Weekly previous Support formed on (16.05.2022) at 158.120.
– Sells on close below 156.400 targeting 30min Support at 155.800 leaving Runners to 1h previous strong Resistance at 154.720.
– In the past week we’ve seen high volatility in the market presenting bigger opportunities but it is extremely important to stay focused and not rush into any trades without a confirmation, The mini budget announcement made by the new UK Chancellor Kwasi Kwarteng is what made the market react, Best thing to do as a trader is stay focused, stick with your trading plan and Risk Management as there will be plenty of opportunities ahead.