In longer term, ASX is still in Long term with nice HH, and HL.
In the immediate term, I am seeing a possible retracement in a making, with Bearish PA to boost.
Standing with BEAR for now.
HSI is now in the BIG resistant area of 22900, which is acting as resistant, while 22700 is supporting the level.
It is due for a nice break out and IMO 23250 level is highly possible for now.
DJ is trapped in the tight range for a month. The situation is just like last November.
Violent Break Out is due soon and I am expecting 20k is pretty possible.
I am standing with Slight Bullish view for now.
Chill on this counter first, as I am seeing it can go as high as 0.88 region first.
So, for now I wanna see the price to go below 0.865x first.
Chilling on this one.
Trade Safe and I will update again.
Holly Molly, 1,200 level is touch as expected.
I am gonna take profit from my Gold Position for now.
I am still with BULL and will be looking for another nice re-entry level again.
I do not see NO reason to be on Sell side at this moment.
I have taken 90% of profit from my short trades.
I expect Market to bounce around till Yellen speech and Trump news.
as for weekly I am leaning BEARish thou..
Take money and go eat ice-cream for now.
UC had a nice Wekly Bear candle and at this moment they are sitting pretty at nice support.
It may swing up and here lil bit but I am standing with BEAR as long as 1.34 is not broken UP..
NFP was used as great tool to swing the price down and again Monday was used to gapped down to whip further.
I am not a H4 or lower TF trader. I am standing with slight Bearish Bias..
But IMO, BUll still have decent chance and need to be nimble as long as 1.22 holds.
Nice Slingbanging we had on Gold.
Now it shall go to 1188 and 1200, during NFP...Around 1200 regions gonna be big resistant and it will push the price back down.
NFP gonna be very Big swing moment. So, do not trade with tight stop loss..
Did you follow the oil trade analysis on 21 Dec, a nice 200 pips for you.
Moving forward, it is more apparent that 54 is a BIG resistant to break. It is time to a pull or sort IMO.
I will be in slight Bearish mode from now on.