Hello traders,
Previous forecast still in play as you can see we have gotten the move towards our trend line but only after we made 1 more new up move which is fine. It doesn't change how we see the pattern.
For now, keep watching for the small down move to the trend line and then we will have to re-evaluate the price action. If you are looking to keep selling then you need to wait for a continuation pattern. Don't just yolo in because this can rebound back up really fast and make new highs with ease.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
Previous forecast still in play as you can see we have gotten the move towards our trend line but only after we made 1 more new up move which is fine. It doesn't change how we see the pattern.
For now, keep watching for the small down move to the trend line and then we will have to re-evaluate the price action. If you are looking to keep selling then you need to wait for a continuation pattern. Don't just yolo in because this can rebound back up really fast and make new highs with ease.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
