Definitely bullish, TP at resistance then buy again at supports.
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
Pullback should be done, waiting for next upmove.
Pullback should be done, waiting for next upmove.
Comment:
Thursday
Target should be reached today
Target should be reached today
Comment:
Friday
Target reached, now we go neutral and wait for a break.
Target reached, now we go neutral and wait for a break.
Comment:
Monday Jan 30
The uptrend is still intact, look for a move to test the 1.2770 resistance.
The uptrend is still intact, look for a move to test the 1.2770 resistance.
Comment:
Tuesday Jan 31
Support broken, but wait for a retest of resistance before shorting, this break may be a fakeout.
Support broken, but wait for a retest of resistance before shorting, this break may be a fakeout.
Go long on pullbacks, to target next resistance.