Heavy news day tomorrow and these are my thoughts on these pairs
Stay short, you can even enter a small short now at the market its not too late.
As discussed in yesterdays video outlining why and when we are going long we've executed this long and here are the results.
Waiting for asian session retracement before continuation up. WIll only buy if we see a bullish continuation during London Open!
Sell rallies and actively trade it more than usual, dont stay in too long in your positions.
Sell rallies is the name of the game still.
Use 4 hr chart or 1hr to sell rallies
Buy at the market stop 1.0740 or 1.07 with TP around 1.09-1.10 area
Outlined both long term and short term trades what to do to make $. Check out telegram group below (free)
We are at the crossroads lets see which way we breakout.
Consolidation in a breakout and a bull flag so lets see if we have a follow through or it merely was a fake out pump to run stop losses and will resume downtrend.
Draw the green path in my video days ago when that initial spike in price happened, looks like we are retracing now lets see if we get a nice bullish momentum to signal continuation
Two scenarios outlined of how Im going to be trading this ... either way down or up.
So this is a long one, basically if this wasnt just a low liquidity pump but a start of a new wave up which will know by Monday Id say then we are going to hunt for longs and keep them for a while. Check my signature for free telegram group
Do yourselves a favor and just trade w the path of least resistance.
As posted in the video dont get trapped in the middle, trade the extremes of this ranged market. Also check out the signature for our free telegram group.
scalping longs ok on short term time frames but trend is down so if you wanna position trade wait for upper limits of the range and sell there once you see reversal signs. If you wanna learn more check out my signature page.