Standing aside until I see a bearish signal or a break to the upside through all those area of resistance.
This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.
Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.
Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Kommentera
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Long now for a break of resistance trade.
Kommentera
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Wednesday
The resistance zone proved strong, but price is not falling yet. Still looking to break the resistance zone.
Kommentera
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Thursday
Price may be going sideways for a little while before we get a clear direction. Still wanting to go long but only after a break of the resistance zone.