Short bias, keep looking for supports to be broken until the 1.4700 area where strong supports are found.
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
Support broke but the next support held. So wait for a pullback test before going short.
Support broke but the next support held. So wait for a pullback test before going short.
Comment:
Thursday
Pullback complete, look for more bearish moves.
Pullback complete, look for more bearish moves.
Comment:
Friday
Price should reach that support zone before going sideways for a while.
Price should reach that support zone before going sideways for a while.
Still waiting for support to be broken to short on pullbacks