Morning folks,
To be honest, not too many things to talk about. We've prepared our scenario with H&S is still valid. Reaction to GDP numbers was quite welcome as it set the right arm's bottom. The only thing that we have to be busy with is to control its validity - reaching of the neckline and price standing above 116 lows and right arm.
At the first signs that market is start falling back - do not take any new longs. H&S failure is also the pattern and in this case we get deeper correction. But daily chart still makes me think that bullish context is here
To be honest, not too many things to talk about. We've prepared our scenario with H&S is still valid. Reaction to GDP numbers was quite welcome as it set the right arm's bottom. The only thing that we have to be busy with is to control its validity - reaching of the neckline and price standing above 116 lows and right arm.
At the first signs that market is start falling back - do not take any new longs. H&S failure is also the pattern and in this case we get deeper correction. But daily chart still makes me think that bullish context is here
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.