jacobkurg

jacobkurg

This idea contains market analysis and is directly related to current market conditions. This should be a trade setup, buy signal or an attempt to predict future price movements.

jacobkurg

Will be waiting for this short

jacobkurg

just entered this trade now

jacobkurg

market has approached the supporting trendline in a descending manner hinting a possible buy to the previous horizontal support

jacobkurg

so the market is approaching the horizontal support in an ascending channel hinting a possible sell to the take profit area. LET'S WAIT FOR CONFIRMATION

jacobkurg

I guess that the market structure is in an ascending chart pattern as it nears the resisting trendline hence makes me have a shorting bias. BUT LET'S WAIT FOR CONFIRMATION