I think momentum has broken it's range and is making its move. However we've been stuck on our hands lately as no breakout has happened . Now we've broken out and hitting it 3 times (acting as support) and my bias is bullish. However, I think a pullback back down to the levels shown will happen where we can enter for max profit. The 1 hour wicks to the upside are why I think price needs one more retest of 1.6 before liquidity can be filled by the smart money. Until then, I will be watching this this week shorts.
Going into this week i am ready for a short down to 1.597, and remain ready to enter long to 1.612. Entries will be posted
00:28:55 (UTC)
Mon Jan 6, 2020
*This is not financial advice. I am not a licensed financial advisor. Seek a licensed financial advisor before making any investment decisions. I am not responsible for losses or gains that may or may not occur in the marketplace. Forex carries a high level of risk not suitable for all investors.*
*This is not financial advice.
Forex carries a high level of risk not suitable for all investors.*
Going into this week i am ready for a short down to 1.597, and remain ready to enter long to 1.612. Entries will be posted
00:28:55 (UTC)
Mon Jan 6, 2020
*This is not financial advice. I am not a licensed financial advisor. Seek a licensed financial advisor before making any investment decisions. I am not responsible for losses or gains that may or may not occur in the marketplace. Forex carries a high level of risk not suitable for all investors.*
*This is not financial advice.
Forex carries a high level of risk not suitable for all investors.*
