One final H4 chart for our Asian session traders before I hit the hay:
- My general bias that all upcoming sell actions could become bear-traps is still valid!
- For the rest of this week I am inclined to keep buying dips towards 1.1660...
- As long as 1.1691 resists strong bear attacks can keep coming.. Once price climbs above it, I believe the temporary bull trend will become more obvious.
- Personally, the last thing I would like to see is a drop below 1.1645! As long as that doesn't happen my plan to buy dips stays!
- Overall, I believe that by the end of this week, market should close at least around 1.1740 or higher! Time will tell...
- The H4 s/r levels mentioned below are valid until the first hours after London opens!
I hope it helps.. Trade safe
Be a seer, not a looker!
Ata's Trend Hunter V3.5 All Time Return:
61.5%
8