don't make it too complex when your trading price action, a couple moving averages and squares plus some lines... something that happens in the market and will always happen we trend or consolidate. and if im playing right like I did this week, on trending days Ill kill it. I adjust on days on consolidation. and I call that a simple "no trading day." some thing...
Haven't check in on fundamentals for the this pair yet, going off techs. I could see GJ tagging 153.000 after rejecting from valid support around 149.area. looking for a move to collect some cash above 153's, for entry im looking for a pull back and some sort of continuation to the push to the upside. possibly mirror the move the the left. But we never know..We Adapt!!
inverted head and shoulder, after a sell off is a indictor that there are orders that need to be fill in order to continue in that direction, or a reversal from that zone. waiting for a pull back once we break that zone. and for my moving average to go parabolic.
