I would love to have a trade set-up during 2018-05-14 (14:00 UTC+8) as it give sign of my sellers are back to the game.
But there is strong buyers showed up as the price reached the area around 1.17830. Therefore, I suspect there is still momentum for the buyers to continue its run before the market continue its previous trend.
I would love to have a short trade @ price around 1.18200 while gauging the buyers momentum dead if they are going to shoot up again.
Note
Price did shoot up till 1.18000 But HOW is the buyer? Critical at the moment, I'm keeping my eyes on!
Note
Price is now spike up. I'm now gauging the momentum of the buyers, short trade is prepare!
Note
A 100% retracement on its second move. Buyers are dying... I would love to have a test on area 1.18200, If it did not break through then a short trade could be activated.
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.