Hi fellows, we have nice impulse watch for TCP on lower time frame for continuation. In case price close above the impulse or previous high then it will change the pattern. Good Luck fellows.
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Watch TCP on lower time frame like this fellows.
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TCP forming fellows. Keep eyes on it
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SO far Oil is doing an excellent job watch top during oil inventory order update.
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Careful on sell side. It did not breakdown.
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Watch top fellows. In case price break up and change the bearish pattern then we will look for another bearish impulse for short from top. In case price hold the top and do not violate the impulse then look for short here is the update.
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So price is holding top. Now watch for breakout and if price do not breakdown then look for one more up move and then drop from top again.
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Watch breakdown and if do not breakdown then look for short term buy up to top.
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Not breaking fellows. Watch top now.
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So far we are still in the structure and pattern. Except we have invalidated the previous impulse and formed new impulse. which is clearly showing bears interest. Here is the update. Watch for breakdown if do not breakdown then look for sell from top.
Great, Thanks. Can you please share an update for GBPUSD too?
Wave-Trader
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@aariapoor, Sure will do that mate. Once i will see that pair is also ready to put short.
Forexian
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@Wave-Trader, Thanks, this pair become crazy for past few weeks and I stuck with some wrong SELL positions :(
Wave-Trader
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@aariapoor, always use stop dont trade without stops limit your loses dont show all of your account to the bad trades get rid off early from bad trades
Forexian
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@Wave-Trader, Yeah I am trying now to get rid of old mistakes that I made. So I have to close my hedges carefully in a certain place to save my account. Thanks for your attention and help