Hey Guys!
The Weekly(longterm) bias is short. Or in other words, price is likely to reach 114.40 before reaching 133.68.
So I'm waiting for a pullback to at least 131.67 or ideally to 132.68 for a short entry with a stop loss at 133.68 and its main target at 114.40.
Keep in mind, this is assuming the lower time frame confirmation retains its integrity of short strength confirmation.
I'll keep you guys updated!
Have a great day!
Ken
The Weekly(longterm) bias is short. Or in other words, price is likely to reach 114.40 before reaching 133.68.
So I'm waiting for a pullback to at least 131.67 or ideally to 132.68 for a short entry with a stop loss at 133.68 and its main target at 114.40.
Keep in mind, this is assuming the lower time frame confirmation retains its integrity of short strength confirmation.
I'll keep you guys updated!
Have a great day!
Ken
Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis