Unless price keeps going up, we should still be bearish until that strong support zone. However if price keeps going up on Monday, we might change bias.
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
Still waiting for that drop to support zone.
Still waiting for that drop to support zone.
Comment:
Thursday
Support zone finally reached, I turn neutral.
Support zone finally reached, I turn neutral.
Comment:
Friday
sideways
sideways
Comment:
Monday Jan 30
This 1.4765 resistance is now very important, a fail here means we will keep going down. A break signals a potential turn.
This 1.4765 resistance is now very important, a fail here means we will keep going down. A break signals a potential turn.
Still looking to target that support zone.