As per previous update-"alternate count"--we had long positions above 1.1012 for target zone 1.1080--1.1090...but EU -just went to 1.1040 high & has a sharp fall...breaking 1.0970--Mark which was our trigger point for going short...
Trading Strategy -- Below 1.0970...EU possibly to travel in the zone 1.0910--1.0925...where falling channel will support EU...if EU breaks 1.0911 previous low made on brexit day & even breaks the channel on downside then look to hold your shorts else falling channel shall support EU's downfall in the zone 1.0910--1.0925 & we can expect a bounce back to same zone back..1.0970--1.09725...
Regards, Abhishek H.Singh, CMT
Trading Strategy -- Below 1.0970...EU possibly to travel in the zone 1.0910--1.0925...where falling channel will support EU...if EU breaks 1.0911 previous low made on brexit day & even breaks the channel on downside then look to hold your shorts else falling channel shall support EU's downfall in the zone 1.0910--1.0925 & we can expect a bounce back to same zone back..1.0970--1.09725...
Regards, Abhishek H.Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.