Short bias, looking for those supports to be broken until that range trading area of 1.4130 before going 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.
Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.
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.
Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.
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:
No change yet, price did not break anything yesterday, still waiting for the downmove.
Comment:
Wednesday
Support has broken, opened more shorts to target the 1.4133 support level. Still a bearish market.
Support has broken, opened more shorts to target the 1.4133 support level. Still a bearish market.
Comment:
Thursday
Another support broken, the pullback will happen and then more shorts to 1.4135.
Another support broken, the pullback will happen and then more shorts to 1.4135.
Comment:
Friday
The pullback does not look like its happening, but we will still wait for it to short.
The pullback does not look like its happening, but we will still wait for it to short.
