I really like this style of trading! Keep up the fantastic work!
This pair is testing a support level on the monthly. There is definitely a possibility of a bull run but I'm not convinced by the weekly or daily time frames, yet. The 4H is showing signs of a potential bull set up IMHO.
CurranSotomayor
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@a.FX, I am convinced on a bull run because I use fundamental factors, but price action trading doesn't lie.
I'll let you guys know how these trades run throughout the week....
JohnnyBeGoode
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Unlikely the cable will move above 1.37 unless the US dollar weakens considerably.
CurranSotomayor
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@JohnnyBeGoode, The cable will most certainly move above $1.37, US dollar approached monthly order block rejecting $95.00, you aren't the first person to doubt me - you will be fooled.
This pair is testing a support level on the monthly. There is definitely a possibility of a bull run but I'm not convinced by the weekly or daily time frames, yet. The 4H is showing signs of a potential bull set up IMHO.