Hello Traders
I believe we are in what I call as a Mega trend. we saw early signs of bears failing who sold at around 1.08000 to start a down trend, yet they failed and price kept going higher. hence its my humble opinion that we have to look for higher target which leads us to some sort of move on the daily timeframe.
in my opinion mega trends rarely give opposing traders any opportunity to make swing money so its my advice only to look for buys until we get to take profit 1 which I've plotted as a box.
I believe we are in what I call as a Mega trend. we saw early signs of bears failing who sold at around 1.08000 to start a down trend, yet they failed and price kept going higher. hence its my humble opinion that we have to look for higher target which leads us to some sort of move on the daily timeframe.
in my opinion mega trends rarely give opposing traders any opportunity to make swing money so its my advice only to look for buys until we get to take profit 1 which I've plotted as a box.