JUST AN FOR THIS WEEK AHEAD
JUST AN FOR THIS WEEK AHEAD
JUST AN FOR THIS WEEK AHEAD
The buyers have the last few pips to cover. It is not safe to sell right now
Daily: The market is in a downtrend The market is currently at a support zone 1 Hrly & 4Hrly: The RSI and the market are both indicating divergence
AT THE SWAP LEVEL- BROKEN AND RETESTED BUY ON RETRACEMENT
THE MARKET HAS BROKEN AND IS RETESTING A STRONG SUPP/RES SWAP LEVEL MARKET IN OVERBOUGHT CONDITIONS ACCORDING TO THE RSI THE DXY(DOLLAR INDEX) IS IN A BULLISH CONDITION=USD IS GAINING STRENGTH PATTERN=ASCENDING TRIANGLE
M.A CROSSOVER WEEKLY RESISTANCE RSI OVERBOUGHT CONDITION HEAVILY
MARKET IS IN OVERBOUGHT CONDITION MAJOR RESISTANCE ON THE WEEKLY
2 TARGETS MARKET IS IN OVERSOLD CONDITION
NB!!!!!NB!!! MONITOR THE TRADE ON THE SECOND TARGET
NB!!!!!! FOR SECOND TARGET PLEASE MANAGE AND MONITOR TRADE