There should be one more push higher before price 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 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
Possible early change in direction but still requiring confirmation with another big down move.
Possible early change in direction but still requiring confirmation with another big down move.
Comment:
Thursday
We could short here but it will be risky as trend change is not confirmed yet. However if we are correct the rewards is good.
We could short here but it will be risky as trend change is not confirmed yet. However if we are correct the rewards is good.
Comment:
Friday
As long as that 0.9545 resistance holds today, we should see more downside.
As long as that 0.9545 resistance holds today, we should see more downside.
Still struggling at this resistance zone, we might see a change in direction in the coming days, but not yet.