Long term sell. Best to wait and not trade this.
Yesterday was the day that met selling and looking forward making lower low breaking near 889 would either continue making lower lows follow by minor retrace or no retrace before hitting 88 and target beyond 88 to see a round of rallying. New entry or stops could be place carefully at last closed price when price continue dropping with no retrace.
Trend is Long and price is only retracing. Short sellers Any short trade will be a Counter-Trend which not worth the risk entering now. A break lower than 0.84 and further break lower than 0.82 would encourage a further downward move. When that happens, short the rally. Longs are waiting for entry 0.84
Trend is Long and price is only retracing. Short sellers Any short trade will be a Counter-Trend which not worth the risk entering now. A break lower than 0.84 and further break lower than 0.82 would encourage a further downward move. When that happens, short the rally. Longs are waiting for entry 0.84
Not allow to short. As trend is down but there is brew of a upward short term bullish.
Expecting the shorts to reach .779 Further short are expected but caution play. Have short for this week
High altitude potential to further. Fib retracement
EXPECT SOME MOVEMENT FROM THE BULLS BEFORE BEARS APPEARS TO BE TAKING OVER. LOOK FOR SIGNAL FOR FURTHER BEARS BUILDING UP. AUDCAD IS TRADING RANGE.
Have shifted stop loss above doji as there is signal of a move upward, however, my target has not reach and will continue to stay until market move to my stop loss 65821. May hit my sl but im minimizing risk and allowing market to move. To add the move upward does not mean change of trend. Not tradeable for entry at the moment.
EURUSD IS TRADING IN A RANGE AND CURRENT D1 BULL STRENGTH IS WEAK, MAJOR TREND IS BEARISH, THE BEARS STRENGTH HAS TESTED FOR SEVERAL DAYS. SO NO GOOD FOR SHORTS AND BULLS SO BEST TO WAIT.
Guard you position protect your profit. Move stops or take profit close position.