The news for the week will potentially have an impact. Given the 3 trends, I'm thinking we will stay within either or both the long and mid term trends. The short term trend is most likely to be broken given the history of retraces/corrections during the long term trend.
Probably short this week, depending on how market looks over holiday.
At least my best guess at the moment.
Probably short this week, depending on how market looks over holiday.
At least my best guess at the moment.
Comment:
So far tracking pretty close. Just trying to time my long entry near the bottom. Still looking at 100.4 to 100.5
Trade active:
Chart matched up pretty well. Long at 100.43. S/L manually trailing, no set T/P level yet.