We will see what happens. I am short term bullish, medium term bearish, then long term bullish.
Traders are long too early on UC. The banks will use this to generate and stop out a lot of long orders to build liquidity, then reverse price the other way. Stay woke people
IF GJ REJECTS FROM SUPPLY ZONE AND BREAKS COUNTER TRENDLINE, SHORTS TO MTHLY SUPPORT AND THEN WEEKLY SUPPORT LEVELS ARE VALID.
BEARISH ENGULF ON 1D AFTER EXTENSIVE RETRACEMENT, REJECTION OFF FIB LEVEL. SHORT DOWN TO WEEKLY SUPPORT
AS LONG AS PREVIOUS SWING LOW ISNT BROKEN, AND BULLISH BREAK OF STRUCTURE ON 1D TF OPENS LONG POSSIBILITIES TO NEW MAKE NEW SWING HIGH
To go long, must have break and retest of descending trendline. To go short, must have respect with candle reversal at descending trendline AND daily close below previous high.
EURAUD just double topped off a right shoulder after test of resistance. About to breach neckline for a good short?