Neutral as we are at a strong support zone. Waiting for a reversal signal to start going long, else a break of this support zone will trigger more shorts on pullbacks.
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 my 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 my 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
Still awaiting bias
Still awaiting bias
Comment:
Thursday
Potential early stage reversal, as long as prices doesnt crash today.
Potential early stage reversal, as long as prices doesnt crash today.
Comment:
Friday
Trend change confirmed, look to buy on supports.
Trend change confirmed, look to buy on supports.
We could be looking at a directional change here, but I want to see those resistances taken out before going long on pullbacks.