Good Evening Traders. when i look @ 1hr chart, at first, i can spot A-B, a-b Bullish pattern.
if that is the case then TP1 @ 0.5% is a preferred view.
BUT, i can't ignore the weekly chart, where we saw remarkable Bear Steps, meaning, the might be around.
Zoom in to 30min chart, we can see a Bear Divergence building, and Red Candles building a good short opportunity,
also we have an open gap, marked in circle.
So, we might see another day of grinding, with no immediate winner.
Get ready for Thursday. With a lot of exiting events in us ...
www.forexfactory.com/calendar.php
But one thing at a time.
So stay safe and watch the charts.
if that is the case then TP1 @ 0.5% is a preferred view.
BUT, i can't ignore the weekly chart, where we saw remarkable Bear Steps, meaning, the might be around.
Zoom in to 30min chart, we can see a Bear Divergence building, and Red Candles building a good short opportunity,
also we have an open gap, marked in circle.
So, we might see another day of grinding, with no immediate winner.
Get ready for Thursday. With a lot of exiting events in us ...
www.forexfactory.com/calendar.php
But one thing at a time.
So stay safe and watch the charts.
Comment:
Trade closed: stop reached:
closed in small profit :(
Comment:
that was actually a very good BULL call :)
s3.amazonaws.com/tra...shots/d/dhKbY3SN.png