Day 2 Gameplay
تم تحديثه
Now that we had seen Day 1, now we will be able to follow the movements.
So we had our first break out to the downside, testing fibonacci key zones and also staying below a pivot point.
Current prices are back to pivot point area 1.9663 area, if it stays below we will be expecting another down trend continuation.
Retracement back to trend line also follows current trend going down.
Stochastics in Overbought condition suggests Short positions are high probability.
We have fibonacci targets set, this time looking to possibly touch 1.9440 if possible.
Pivot Point @ 1.9663 if prices ever pass this, then we can look to buy positions, until then, look for short opportunities.
Happy Hunting.
Will update of key areas as the new trading day restarts.
So we had our first break out to the downside, testing fibonacci key zones and also staying below a pivot point.
Current prices are back to pivot point area 1.9663 area, if it stays below we will be expecting another down trend continuation.
Retracement back to trend line also follows current trend going down.
Stochastics in Overbought condition suggests Short positions are high probability.
We have fibonacci targets set, this time looking to possibly touch 1.9440 if possible.
Pivot Point @ 1.9663 if prices ever pass this, then we can look to buy positions, until then, look for short opportunities.
Happy Hunting.
Will update of key areas as the new trading day restarts.
ملاحظة
New Pivot Point 1.9600, Resistance @ 1.9680, Support @ 1.9521 because prices had passed 1.9600 pivot point looking for buying opportunities, I will update once I have better confirmation for direction. Right now, i'm allowing the market to settle down before trading, this could be a fake out to the upside.ملاحظة
This uptrend reminds me of the same pattern going up to 1.9900, we had this uptrend with fake outs until it finally peaked out to a major sell off, watch with caution being it has the same patterns as before, do not hold for long term buy, but do look for fakeouts before short selling starts
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