Its been a while since I posted a setup as I've been trying to hone in further to improve the quality of my setups.
This is a nested setup which should propagate on the back of previous (and a smaller subsequent setup) setups heading in the same direction (Short). Its a good sign of a decent trend and I haven't seen any converged levels or Long setup that could signal an end to the bear trend. There's been some consilidation over the last couple of weeks so I would predict that any decent catalyst should force a decent move (up or down) from here now.
Reading all the analysts predictions (which I take little heed of at the best of times) they are all saying that we're expecting a good NFP. I see fundamental news as a catalyst for technical targets and a good NFP will take us reasonably quickly down to T1 (1.23022) in my opinion. Regardless of good or bad news I will still have the same target in play and am still banking on my 85% probability stat to get us there. All I can say is that 15% is still waiting for me around the corner :-)
This is a nested setup which should propagate on the back of previous (and a smaller subsequent setup) setups heading in the same direction (Short). Its a good sign of a decent trend and I haven't seen any converged levels or Long setup that could signal an end to the bear trend. There's been some consilidation over the last couple of weeks so I would predict that any decent catalyst should force a decent move (up or down) from here now.
Reading all the analysts predictions (which I take little heed of at the best of times) they are all saying that we're expecting a good NFP. I see fundamental news as a catalyst for technical targets and a good NFP will take us reasonably quickly down to T1 (1.23022) in my opinion. Regardless of good or bad news I will still have the same target in play and am still banking on my 85% probability stat to get us there. All I can say is that 15% is still waiting for me around the corner :-)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.