GBP moved into a choppy consolidating pattern around the 5-day 50% level, but eventually rallied up into Wednesday's highs and reversed back down into the 5-day 50% level once again....
This week's looks like it's going to be a choppy trading week with an UP bias...
My first trade yesterday is highlighted (green circle) and the partial exits along the way...
Once I got stopped out at entry price, I didn't trade again (sleeping), but the breakout on the intra-day Ranges and crossover the 5-day 50% level was the trade I would have taken up into Wednesday's highs, and back down again if I was awake....
the Above chart is using a 22 pip range with a 32 pip Next trio, as a trend guide within the Daily ranges...
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