TREND CONT

11 ส.ค. 2017

Expecting a new bearish swing
1.1820-1.1845 range

11 ส.ค. 2017

การซื้อขายยังคงดำเนินอยู่

opened short pos 1.1840

11 ส.ค. 2017

ความคิดเห็น

1.1840 is head&shoulder, harmonic D, 61.8 retracement. And 1.1890 ise weekly shark completion.
But reverasal did not comfirmed yet.There is several options for this trade.

1. Loses momentum and reverses from 1.1840. Then this plan works.
2. Double-Top (or maybe below top) and reverse
3. Sets a new high at 1.1935 and reverses. Shark pattern completes (1H frame) at this level.
4. Breaks 1.1935 and cont bullish price action. For me it a low possibility.

Looking forward to see the next week.

15 ส.ค. 2017

ความคิดเห็น

losing momentum 1.1721. Market is bearish.
Set SL below breakeven.