Monthly closing is important to predict the likely next move. Actually, I see this as a possible thing. While looking for a short trade before, I finally didn't get the real entry signal and stayed out. This was certainly not bad as the market started to rise. Now I will search for this scenario, but I still don't have a good entry signal in either case. I just share my opinion, that's all.
ความคิดเห็น:
now we have the first resistance where the price can turn down.
ความคิดเห็น:
1H and 2H are suggesting a continuation of the bullish move as 1.10268 is the next target but still with downward risk to around 1.09381 and a bit lower.
ความคิดเห็น:
Now 1.10044 resistance becomes support. If it holds next target is ± 1.10911 and will probably be the higher point. If the support 1.10044 breaks price may fall back to 1.09381
ความคิดเห็น:
So, we saw the resistance 1.10044 back and now the market will decide. Depending of how we close the month and If we see the price back in the lower box this will be a good place for a potential place to buy. Let see if this happens.
ความคิดเห็น:
Update: We're just reaching the box. Not immediately a buy signal. It can drop more but from here it's good to look close to what will happen. If not entering this week then probably next week.
ความคิดเห็น:
Against all bears, It's time to focus on the buy ;-)
ความคิดเห็น:
Ok looking to the time. Price is stable for the moment. It will be more clear on the daily closing and a trade maybe next week.
ความคิดเห็น:
I'll wait for an update when the price will reach 1.07585
การซื้อขายยังคงดำเนินอยู่:
Finally I've decided to open a long at 1,08050
ปิดการเทรด ด้วยตนเอง:
Closed the long position at 1,08770
