Use UK's GDP to determine the direction
A new year's gift ? Short when trend line breaks
Uptrend Top Formation , Retrace Is Happening. Swing The Top.
I don't bother to trade now since we are near the end of the year. But this is the structure that we are going as the gap is filled. what I see from now : Uptrend continue.If you are planning to long, set SL once price breaks the trend line. If you are planning to short, see purple line and watch PA.
-strong resist on weekly -overbought (RSI) -ab=cd -news cold down -interest rate hike
Still on downtrend , and I wouldnt catch the bottom for this pair . Only long when price breaks the upper red line, until then it's still bearish
Just don't see big value, like most tech company :(
.Short when price breaks the line
.Not so fast . Unless they decide not to hike the rate.