Sunday Session

We watched from last week that the market has played out in such a way that NFP was a needed element to the movement. We saw the double sword of the results of NFP, one because they was too much excitement but also because the actual to the predicted varied very much.

We are bullish in our forecast and that won't change anytime soon unless we get other confirmations.

Daily we see a very big bearish flag which is signalling our bull trend.
4H, we see a bearish indication but looking at the bigger movement we now see that it is part of the play and we need to be more patient for the trade we actually want.
1H, a break of many structure downwards as we had 3 last channels broken to go to the downside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.