- Turkey tention still heat up and contagious to another EM, SA (weak current account and unemployment rate 27.2%) will be the affected. - SA on leftist land reform program, possible capital flight. - Trump start tweeting abt SA, smells like gonna impose sanctions to SA : I have asked Secretary of State @SecPompeo to closely study the South Africa land and...
Anticipating possible BoC hike on Oct. Canada inflation 3%.
its on a very oversold position now on weekly. I enter this because of the possibility of expected hike on september from Norges Bank.
Im still on short bias on EU.
This should be enough high. Start shorting now.
ALREADY H&S AND GAP FILLED ON WRONG MONDAY MOVEMENT.
Looks like it will continue goin south and bounce on .382 and channel support, then continue to test .50 or .618 fibo retreachment.
Already rejected at channel resistance. Ready to be dumped down. Good RR ratio setup. In line with my GU bearish prediction.
High probability short setup with RR ratio 1:2. Stoploss above the top, profit target at the bottom of triangle.