About meI am a community pharmacist living in the UK. Married with 2 children. I love sci-fi and music
I like to keep things simple. For me the simpler the chart the better. I generally trade the 4h upwards timeframes.
Comments on the chart. As I said I bave been following and trading $ long for a long time as evidenced by the number of ideas I have put up about getting long the $. If price takes out the lows of the week I will lay on a short against the high of the current move up
Comments on the chart.
The most important thing to note is that for this to play out the high must be in
By the way, another scenario that can happen is a triangle however the downmove has no discernable divisions into 3 waves. A triangle will be bullish imho
Comments on the chart. Barring any Trade war escalation or other negative fundamentals this idea could play out as expected. One concern though is the $ strength. I will have to be extra vigilant if I take this trade.