Today we going short on GU. I follow the trend. My 1st target will be below yesterdays low.
I will only go long if it breaks yesterdays high.
Something Ive learnt what the textbook don't show us, is that we don't have to be 1st in the market. Wait until it gives us a clear indication of a trend.
This is NOT a signal but only a possible movement.
Today we will go long as we can see that we have a bullish momentum thats why I'm bias.
We will look at a break of 1.34000 retest then enter. Always look at your lower timeframe for a entry.
However if we look for the short we can look for a break of 1.33500.
THIS IS NOT A SIGNAL BUT ONLY AN IDEA
Today we will go long because we have a bullish momentum. Trending against the trend is agrresive
Looking for short opportunities will be only around 1.19150 area. A breakthrough there will give us short opportunities.
This is not a signal but just a trading idea
As we can see that we have a bullish momentum and normally we don't trade against the trend so today we will be bias.
However if we would go short it will be around 1.18500 side from there we can determine a good short position.
This is not a signal but only a possible movement. Its important to follow your own analysis.
Yesterday we witness bulls was taking control the morning however later the day bears came strong and pushing price down.
Today we can see bulls taking control again.
When price break our minor resistance we will go long and our target will be yesterdays high
When the price break the minor support we will short and our target will...