daily sma100 is getting closer
first sign of divergence on m15
first sign of divergence on m15
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Dislikedi doubt it bro
momentum is rising all the time on daily TF which means sell off not only long cover imho.
Small long might works targeting 156(hourly ema50) and possible extension 157.5-158 (ema200)
I am not recommending any position right now, trend ur chartIgnored
DislikedGJ played with the fibo fan , perfect setup 153.55
i have another set up now, 159 is another key to watch before coming down or break to the up side ...like i said b4 it will play inside this fan until it break the key levels...i am going long till 153 is broken...
trade your chart.. trend is your friend.Ignored
DislikedI closed my short to early this morning...before King's words came out.
Right now for the next 24hours: normally I will consider a long just into the US open cause we had big sell offs across the board from Friday. We are now at weekly pivot S1 and below that is the trendline where a quick long can be considered, but the equity markets has a long way to go so we may go through that trendline.
Unlikely before Asian open given the drop all the way from 160?Ignored
DislikedI most probably missed out on odd 60 pips not being short till early US session but for once that weekly pivot S1 was my reason for losing interest.
Think we may dance a bit here before next leg down, possibly enter at 155.50? or 157.00 if it is a quick short squeeze?Ignored