Neutral, this pair has started going sideways since the strong support area is reached, we may see a turn in direction but not yet, still waiting for a clear directional signal.
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 for a break of resistance to start going long on pullbacks.
Waiting for a break of resistance to start going long on pullbacks.
Comment:
Thursday
Resistance broken, waiting for pullback to go long.
Resistance broken, waiting for pullback to go long.
Comment:
Friday
Long on pullbacks.
Long on pullbacks.
A change in direction in the making, but a break of that resistance is needed before changing bias.