The Longer Term Trend is Bearish after we broke some of longer term trendlines.
I'm now looking at a bearish setup to get on the longer term trend. We have a textbook sideways correction forming. As of now a bullish triangle seems to be taking shape. If so, I'll expect more upside before my short order is filled.
I expect less Reward comparing to the risk, but on the other hand these setups have proved to be having higher probabilities.
评论
IvanLabrie
⋅
Excellent work Davood.
IvanLabrie
⋅
I placed two sells here, none filled yet. I expect the news during the London session to help with that.
Good luck to both of us.
DavoodWadi
⋅
Thanks buddy.
DavoodWadi
⋅
My pleasure Ivan.
IvanLabrie
⋅
Very weird price action that being said.
DavoodWadi
⋅
It comes out with no surprise as my broker is setting restrictions on trading EURO before Grexit talks.
Choppy markets probably ahead.