Short Bias, still waiting for that elusive pullback to short this pair. It should find some support at this 1.5890 and price may go sideways.
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
If that resistance breaks, we are in a bull market, else waiting for supports to be tested to confirm bias.
If that resistance breaks, we are in a bull market, else waiting for supports to be tested to confirm bias.
Comment:
Thursday
Bullish trend confirmed, waiting to go long on pullbacks
Bullish trend confirmed, waiting to go long on pullbacks
Comment:
Friday
Wait for a pullback to go long.
Wait for a pullback to go long.
I turn neutral here as different brokers have different support, so it is unclear if it was broken or not. Waiting for a clearer signal.