Keeping it very simple today and that's my theme for the month of April - SIMPLICITY
Everything highlighted on the chart, I'm still looking for 7667-7700(ish) as my area to look to scale out of any positions and wait for short ops if we move up above 7407-7440
Keeping in mind that a LOT of people are looking for that 7.8 area and there's every chance we could get front-run, so be mindful of that.
People also looking for 7.5 as an area to short, the reason why I think we might head past that is a shakeout of any shorts, with a quick spike up and then a move down.
I expect we'll get a decision in the coming couple of days.
Stay safe and keep your wits about you.
Everything highlighted on the chart, I'm still looking for 7667-7700(ish) as my area to look to scale out of any positions and wait for short ops if we move up above 7407-7440
Keeping in mind that a LOT of people are looking for that 7.8 area and there's every chance we could get front-run, so be mindful of that.
People also looking for 7.5 as an area to short, the reason why I think we might head past that is a shakeout of any shorts, with a quick spike up and then a move down.
I expect we'll get a decision in the coming couple of days.
Stay safe and keep your wits about you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.