Still looking for price to test that support level.
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.
Comment:
Wednesday
Since support was broken, wait for a pullback to short more into next support level.
Since support was broken, wait for a pullback to short more into next support level.
Comment:
Thursday
Support reaching soon, TP and wait for the next signal.
Support reaching soon, TP and wait for the next signal.
Comment:
Friday
Price would most likely consolidate here, wait for today's actions before deciding next bias.
Price would most likely consolidate here, wait for today's actions before deciding next bias.
Comment:
Monday Jan 30
The next move should still be down after some consolidation, towards the 0.8430 area.
The next move should still be down after some consolidation, towards the 0.8430 area.
Reaching target soon, then wait for next directional bias.