NFP tomorrow so volatility will be high, but looking at this structure it looks ready to drop, and follow negative trend which started early May16.
Looking at this chart, it feel almost certain that we can expect a downwards movement sooner or later, on par with fundamentals telling us that FEDs sooner or later will have to increase the rent. So my advice for fellow traders will be to look for tops to sell on, starting from today. I This chart above show one obvious top already at strong fib resistances. If NFP numbers not strong tomorrow I will sell on new tops as well.
Looking at this chart, it feel almost certain that we can expect a downwards movement sooner or later, on par with fundamentals telling us that FEDs sooner or later will have to increase the rent. So my advice for fellow traders will be to look for tops to sell on, starting from today. I This chart above show one obvious top already at strong fib resistances. If NFP numbers not strong tomorrow I will sell on new tops as well.
