Today important economic data will be released: ๐บ๐ธ Non-Farm payrolls ๐บ๐ธ Unemployment rate This is important as during such days market loses volatility as everyone fears to open trades before they know for sure what happens in #1 world economy.
If you look at the charts, we can see clearly that morning should have been bullish. 1. Volume at bottom as a sign of strength from buyers 2. Broke the trandline after long accumulation.
However, after trendline breakout there no significant bullish movement, meaning that players are not ready to enter the game yet.
It's better to wait until 08:30 GMT-4 and trade volatility.
Not having a position is also a positionโ๏ธ
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
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