Just a quick outlook for the weeks ahead. I believe the first two weeks of June are going to be down and sideways with the last half of the month showing signs of upward movement. Will update this idea with any new signals that pop up over then next two weeks.
Signals on Daily chart are based off of Price Stochastics(Stochasticly Delicious) and RSI2(Texas 2 Step).
Additional reinforcement with Heikin-Ashi bars show further blue candles going up...
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I believe we are still on track with my original Idea. When trying to post future outlooks candle structure/waves are more important than actual price levels.
I am eyeing the BUY signals on the 4 Hour and will look forward to an opportunity to go LONG which is the direction pointed at in the original idea above.
Trade active
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. LONG @ 1.3238 STOP @ 1.3163 TP @ 1.3400
Trade closed: stop reached
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Forgot to update this one...
I had gone LONG and saw it get to more than +90 pips and I moved my Stop Loss up. Then as the price turned around on June 22nd, it was stopped out at +45 pip.