The forecast went in the direction of the market. Which shows that we working and getting better and the edge getting sharper.
DAILY
We finally broke out of the consolidation and chose a direction (short). Bouncing off 150.80, with the current candle now pushing upwards. We have slight direction as to what we are doing.
4H
Bull channel and we hit the bottom of the channel, with patterns confirming the rejection and bullish candlesticks pushing upwards for the reversal.
1H
I see an inverse H&S and we are breaking the neckline of the pattern, so now it is a matter of waiting for the retest (151.30) before we enter any trades.
15Min
Bearish low test candlestick (Reversal), which is playing exactly towards the trade we would take.
NB!!!!!!!!!
NFP FRIDAYS WE ONLY TRADE AFTER NFP TO AVOID DOING THE WRONG THINGS.
DAILY
We finally broke out of the consolidation and chose a direction (short). Bouncing off 150.80, with the current candle now pushing upwards. We have slight direction as to what we are doing.
4H
Bull channel and we hit the bottom of the channel, with patterns confirming the rejection and bullish candlesticks pushing upwards for the reversal.
1H
I see an inverse H&S and we are breaking the neckline of the pattern, so now it is a matter of waiting for the retest (151.30) before we enter any trades.
15Min
Bearish low test candlestick (Reversal), which is playing exactly towards the trade we would take.
NB!!!!!!!!!
NFP FRIDAYS WE ONLY TRADE AFTER NFP TO AVOID DOING THE WRONG THINGS.