Expecting a drop then a rally to the up side. waiting patiently
After hitting the initial target ( please check previous post ) now seeing another potential on this pair again. will wait for setup formation and see ho we can take this trade.
Should have waited for closure... jumped tooo quick using 1 hour time frame. but oh well lets see what this 1% risk can fetch
I am expecting some explosive upside potential on this stock. to complete the head and shoulders potentially.... minor pocket entries being made around current price zones of $42-$40 handle. Lets see how things will play out over the next coming weeks
Nice setups developing. exciting to see how these orders play out. first trade to the up side then short from the top for the structure formation
With equity on sell off, US10YR rising ( in my humble opinion straight to 2%), DXY flying.. theres is a RISK OFF sentiment in the market. as it stands. based on this risk asset currencies like NZD gets weak . and based on this this is also my technical out look on this pair.
Monitoring price to see what happens at this key levels
Short term longs on this pair to go form potential right shoulder inverse.. drops then go in again with the main long term longs.
Is this a head and shoulders inside the potential daily head and shoulder forming? risk off sentiment also looming rising bonds to potentially 2% whats on your mind??? my view is shorts in coming....