Declaration is something every trader should recognise. Its where you assess whether you are going to stay in or exit your trade. If the later happens we then wait for Bullish or Bearish confirmation depending on the trend we are trading. Back test and look for deceleration around the peaks and retraces of trends, make sure you are trading with the trend.
Ethereum looks like its on the move again. We still want to be seeing a close in the purple management zone or above to really cement a good bull move. It would also see the end the of the previous consolidation period, since reaching the most recent all time high.
Waiting for price to close in or above the purple zone. We already have bullish evidence with a higher low, now waiting for a higher high.
Morning Post 11-July-2017 Trading Tips: Our view of the market is towards bearish, however, HSF has no direction at this movement. 1. Look for a BO to the downside for trend continuation trades 2. Bearish Bat/Gartley formation inside the red zone 3. If we have a BO of Previous Top (near 25600), we may have a short term bull opportunity.
USDMYR 3.9552 is a strong Daily Support, Let's see how market movement in this few days. Happy Trading Day !!!