today I'm out of trading.it will be either a messy day ahead of the elections and the rest or a very slow day.....
don't intend to leave any trades on the board for the weekend.
GU levels to watch today are 1.5470 as S and decent buy zone
1.5433-40 and 1.5394-1.5410 where important buyers are lined up
both 1.5433 and 1.5394 are fibo targets as in 50% and 61.8% and as you can see from the chart 38.2% was touched and bounced a few times....
I only have a pending buy @ 1.5400 just in case...
p.s. we are under the up trendline and it was tested 2 times but did not close above so probably we're still heading lower
don't intend to leave any trades on the board for the weekend.
GU levels to watch today are 1.5470 as S and decent buy zone
1.5433-40 and 1.5394-1.5410 where important buyers are lined up
both 1.5433 and 1.5394 are fibo targets as in 50% and 61.8% and as you can see from the chart 38.2% was touched and bounced a few times....
I only have a pending buy @ 1.5400 just in case...
p.s. we are under the up trendline and it was tested 2 times but did not close above so probably we're still heading lower