I think price would test that 0.7625 resistance again before deciding direction. If it breaks then more up else sideways.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comentário:
Wednesday
I think price wants to test that high resistance again before deciding longer term bias.
I think price wants to test that high resistance again before deciding longer term bias.
Comentário:
Thursday
Staying away, price is chopping, bad for trend trading.
Staying away, price is chopping, bad for trend trading.
Comentário:
Friday
An early break, we could see price drop potentially all the way down to the support level.
An early break, we could see price drop potentially all the way down to the support level.
Direction very unclear at the moment, waiting for a clearer picture.