Hello again, Just posting an update... Shorted the fall that started around 1.2340...got in way too late...didn't follow my rules . Took a 6 pip hit. Looking to see if it is finally turning up. Please see chart notes. Take care,
Price is in a fight...notice the long shadows. No chart attached but you should be able to see them on your live charts. Time to wait for confirmation before opening a position. Be watchful.
An add-on comment that might help someone... About this trade... Trade was actually profitable, but I wanted more after entering late. Lost what I did have. Oh, the joys of trading . Bye for now.
Just watching the fight between the Bulls and Bears... Did the whales show up? Don't think I want to be getting in the ring right now
The worst thing to have at a time like this is an opinion. I think it is best to let the market make the first solid move. Enjoy the break.
Just zooming in a little to the action. Price finally started inching higher and hit a possible turning spot. Still beware, whales are here.
What can I say...just love those Pitchforks! Perhaps the news brought the delay, but the price target was hit. Second chart shows a revised Pitchfork to account for detour. The bullish sentiment prevailed. Will try to post again by Asian session. It has been a hectic morning
In this view, the Pitchfork was updated when the whales got involved and dropped the price below the fork, creating a new low pivot.
Hello again traders, Attached is a chart of the current landscape. Newest fork not drawn in...don't want too many lines. Modifications will be made as price begins to move. Take care,