My main levels of interrest. Will be nice to see which hold. The zones at bottom would be my potential long entry zones but only for a quick trade as I consider those contra trend. That is because I am rather bearish at the moment.
Bearish because:
The recent HHs on EU were rather week and here we go with a collapse. I am looking for a LH to short this market.
AU has made a LH and the next up swing was unable to climb higher. We still need a LL and a LH after to be sure.
Kiwi is already moving down.
GU - eh unreliable chip-chop cartoon as it has been for a while.
Loonie has made a potential HL, yet to make a HH. Also, a recent resistance line held so there is still a lot of accounts to chop before it goes up.
The whole storry may as well turn out the other way around and after some additional rock and roll EU, AU, NU up and UCAD down again - original trends reestablish.
What say you guys?
Bearish because:
The recent HHs on EU were rather week and here we go with a collapse. I am looking for a LH to short this market.
AU has made a LH and the next up swing was unable to climb higher. We still need a LL and a LH after to be sure.
Kiwi is already moving down.
GU - eh unreliable chip-chop cartoon as it has been for a while.
Loonie has made a potential HL, yet to make a HH. Also, a recent resistance line held so there is still a lot of accounts to chop before it goes up.
The whole storry may as well turn out the other way around and after some additional rock and roll EU, AU, NU up and UCAD down again - original trends reestablish.
What say you guys?
Kind Regards
zol