Hello traders,
It looks like when we broke the bottom it was enough to complete the down move for now at least. Expect up move continuation at least towards the trend line. Wait for a small correction as shown by the small arrow before looking for your long setups, jumping in now would be a bit too risky.
If we get a hard rejection at the trend line I expect we will fall back down completely and make new lows but lets just wait and see. It is definitely viable that we are actually reversing completely.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
It looks like when we broke the bottom it was enough to complete the down move for now at least. Expect up move continuation at least towards the trend line. Wait for a small correction as shown by the small arrow before looking for your long setups, jumping in now would be a bit too risky.
If we get a hard rejection at the trend line I expect we will fall back down completely and make new lows but lets just wait and see. It is definitely viable that we are actually reversing completely.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
