Price will probably test the 0.7580 resistance early in the week, but I feel it might fail. If it breaks then I would be bullish again.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
הערה:
Wednesday
No clear break yet though. So still waiting.
No clear break yet though. So still waiting.
הערה:
Thursday
Price failed twice from last week's high, that is not a good sign. I turn neutral here. Waiting for a clearer signal.
Price failed twice from last week's high, that is not a good sign. I turn neutral here. Waiting for a clearer signal.
הערה:
Friday
If price breaks the support zone today, the trend has changed down, else more sideways movement.
If price breaks the support zone today, the trend has changed down, else more sideways movement.
הערה:
Monday Jan 30
Support held nicely, looking for an upmove to 0.7630
Support held nicely, looking for an upmove to 0.7630
הערה:
הערה:
Tuesday Jan 31
Still bullish, looking for that upmove.
Still bullish, looking for that upmove.
Waiting for a clear break before going long on pullback.