Bulls Day 2

2020년 4월 21일

Yesterday we had opportunities to short, but when the pivot point is passed and respected, now we have to take into consideration going long.

The market at the moment is presenting itself Bullish, but we haven't got the retracement for entry just yet, wait out before entering.

Pivot Point @ 1.9600, if prices go below then we are looking for Shorts, if prices stay above look for long.

Support @ 1.9521
Broken Resistance/Maybe New Support 1.9680
Resistance1 @ 1.9729
Resistance2 @ 1.9809

Wait for retracement before entry, highly recommend using an oscillator.

Let market to play out for now and enter when all signals match up.

Happy Hunting.

2020년 4월 21일

노트

With GBP news coming out soon, I can see why the market is undecided, after taking a look there is a chance that we are going to see a major sell in the current zone. Seen a stochastic divergence to go short, but the signals aren't in place yet. Trade with caution, direction is not clear yet.