shorting until the up trend continues
hoping to see a retracement to gather sellers then bulls take back control
looking for this setup the bears are still in control over the next few quarter on a monthly outlook my opinion
this trade i have been waiting all week now they sell and on the last day what a surprise
looking fir a possible head shoulder formation to form so the bearish momentum gather strong liquidity for that huge break downwards
let me see how this 40 pip short then the bullish trend to continue will be the right move but they will probably go lower for the liquidity search so lets see how it plays by Tuesday with the PMI and spending capitol meetings. weekly time frame suggests bulls are still holding strong. my opinion
this trade did stop me out but am sure that was a buy trap to then trigger my short position so i got in while buyers are still looking for longs now it should retrace back to the original channel before we see a actual bull move my opinion
just waiting for the asia session pull back then londons bull to appear
tbh i am hoping price run into a strong resistance then bears should step in strongly next scenario might see a break above resistance to lure buyers in then on the the retest it shoots right down to the major support and past or we just get a continuation depending on DXY strength this week
another long push coming on ripple dont miss it today my second order block as triggerd
i think the bears will be dominant if we get a break below 0.77575 my opinion
for some strange reason im 80% sure this pair will swing right back into its previous channel that it has kept over years so ill be looking at this pair for the rest of the year im suspecting bulls to stay could also be wrong. share opinions