Morning Guys.
Did we have yesterday a corrective movement?
Yeah,,, I think we did…
Reading today’s news it looks we had a nice example of so called “FLAT CORRECTION”
I do agree, we had ABC pattern fulfilled and miserable bullish attempt to break resistance.
We even made new hilarious 10pip highs.
In my opinion, this all together indicates how weak bulls are at this moment.
My PLAN for today is to SELL on highs targeting 1.28700, or even lower 1.28300
Tough SL above 1.29800…
Invalidation;
Remember, this is only MY plan and this bearish scenario is fully rejected and invalidated if price goes above 1,29800.
Did we have yesterday a corrective movement?
Yeah,,, I think we did…
Reading today’s news it looks we had a nice example of so called “FLAT CORRECTION”
I do agree, we had ABC pattern fulfilled and miserable bullish attempt to break resistance.
We even made new hilarious 10pip highs.
In my opinion, this all together indicates how weak bulls are at this moment.
My PLAN for today is to SELL on highs targeting 1.28700, or even lower 1.28300
Tough SL above 1.29800…
Invalidation;
Remember, this is only MY plan and this bearish scenario is fully rejected and invalidated if price goes above 1,29800.
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