Hi everybody.
As all of us expected this to fall down to the lower TL of this flag, now here we are. This was almost clear. What is not clear is what will be from now on.
If this LTL breaks, then KABOOM will happen.
I see signs of bounce at 146.15 in lower TF's and I see volatile PA on other pairs like EJ, AU and also on carry trade pairs on H1 time frame, they are in almost the same condition as GJ but I'm not sure about a serious bounce yet ... I'm watching.
Lower TF's are OS but it is wise to rely on H45 and daily charts. They are extremely bearish but being OS doesn't mean get ready for reversal. I must see at least bullish div's on 30M or H1 to start to think about bull.
Though I'm closing my shorts from 155.00 and waiting for a close below this LTL.
Nice job karmo and other's who were short or were selling rallies.
As all of us expected this to fall down to the lower TL of this flag, now here we are. This was almost clear. What is not clear is what will be from now on.
If this LTL breaks, then KABOOM will happen.
I see signs of bounce at 146.15 in lower TF's and I see volatile PA on other pairs like EJ, AU and also on carry trade pairs on H1 time frame, they are in almost the same condition as GJ but I'm not sure about a serious bounce yet ... I'm watching.
Lower TF's are OS but it is wise to rely on H45 and daily charts. They are extremely bearish but being OS doesn't mean get ready for reversal. I must see at least bullish div's on 30M or H1 to start to think about bull.
Though I'm closing my shorts from 155.00 and waiting for a close below this LTL.
Nice job karmo and other's who were short or were selling rallies.
Discipline + Patience - Fear - Greed = Success