Support broke, now wait for the restest of resistance before being short.
This is my forecast for the month ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.
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 month ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.
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:
Thursday Feb 2
Still bullish but wanting to see the support holds.
Still bullish but wanting to see the support holds.
Comment:
Friday Feb 3
Support broke, short here or short at resistance and I am expecting price to keep falling to a new low in the week ahead.
Support broke, short here or short at resistance and I am expecting price to keep falling to a new low in the week ahead.
Comment:
Wrong chart above
If today's upmove closed downwards or rejected by the 1.6400 resistance, we will see a fall tomorrow. Else it has to climb back above 1.6470 to keep the bullish momentum.