Buyers have obtained control, break of structure, the market is aming for highs
The sellers are still in control, its best to follow the momentum
Sellers are still in control, so its best to follow the momentum
The buyers are still in control, its best to follow the momentum
At the moment the market is at a support, and looks like it might respect the support, so I am gunning for buys, unless it breaks the support then i will go short
It can only follow one of both ways, Patience will be key.
Follow the market, level by level, but remember the market is on a down slope
At this point, one of the two can happen, either the US30 will climb or it will fall...wait for market do decide and then follow it.
Gold is currently in a correction phase, I am waiting for it to come down to the support purple horizontal line and am going long
On my previous post I did explain that sould the market break this current level I am going for buys....buys it is.
AUD is at a decision position..up or down? If breaks out of the upward trend I will look for shorts if it breaks the above horizontal line i m looking to go long.
Nas100 has bounced on the overall bullish trendline signaling new bullish momentum. Please be cautious of the zone (middle red line) above the current price, the price might pull back down before going up.
GBPJPY is trapped in a bearish trend and continues towards the downside.
The market has reached 2 resistance points and its about to push down, if it happens to push up and passes the major resistance (purple area) its going bullish, but for now I am looking at a bearish market