Neutral bias, price still trying to break the big resistance zone, wait for a break to go long on pullbacks, else wait for a bear signal to go short.
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 my 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 my 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.
Comment:
Wednesday
Waiting a break of support to start shorting
Waiting a break of support to start shorting
Comment:
Thursday
Support did not break and price went back up, bullish but at a resistance zone. Wait for a break of resistance before going long on pullbacks.
Support did not break and price went back up, bullish but at a resistance zone. Wait for a break of resistance before going long on pullbacks.
Comment:
Friday
Waiting for a pullback in the short term to go long.
Waiting for a pullback in the short term to go long.
Trend seems to be turning down, waiting for a break of support to start shorting.