Neutral for 2 hrs.
Earlier long position was taken out with the before-stated take profit line and failure to get on top of the upper yellow ST trend line. I would still like a LONG position, but WILL WAIT for the following reasons:
1) MACD seems to be meandering (not even hovering or piercing) around a neutral zero
2) NIKKEI is down, which typically points towards a stronger JPY
3) We're getting close to the Europe open market (and it's typically loud around that time)
4) RSI is oversold, but in a low volatility time frame.
5) No more GBP news this week. (But USD unemployment tomorrow)
6) 15min Chart analysis makes me hesitant.
If you had a short from bouncing off of the yellow resistance line, keep it, with a tight SL. Otherwise wait for Europe to open (in 2 hours) to determine direction. Also, I'm waiting for Danske to come out with their projection.
1) MACD seems to be meandering (not even hovering or piercing) around a neutral zero
2) NIKKEI is down, which typically points towards a stronger JPY
3) We're getting close to the Europe open market (and it's typically loud around that time)
4) RSI is oversold, but in a low volatility time frame.
5) No more GBP news this week. (But USD unemployment tomorrow)
6) 15min Chart analysis makes me hesitant.
If you had a short from bouncing off of the yellow resistance line, keep it, with a tight SL. Otherwise wait for Europe to open (in 2 hours) to determine direction. Also, I'm waiting for Danske to come out with their projection.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.