WEN Looks ready to pumpWEN reached an interesting price zone, that is actually the level -27.5 based on the last leg up. On lower timeframe, we can see that WEN has broken out from major trendline and we can expect a pump at least till 0.000085. Otherwise, if the support at 0.00005 will not hold, we can expect a drop till next support zone at 0.0000215.
Wentao
eurusdEURUSD
Hi guys, Now, we have to look at the market opening, if we see a first bearish leg, it might be interesting to take a short position on rebound (C) and follow the development of second leg (CD). So, from this evening, we will start following the pair only on H4 time frame trying to develop a clear setup (entry and stop). It is possible try to take long position (speculative) on support.
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