Unable to break above resistance 1.3860, and last night EUR/USD break below support 1.3600. EUR/USD shift to a bearish gear to test next support 1.3500 and strong support 1.3400.
YM
I am 1 day early to short the market... and just missed the 400 points range.
I expect market to consolidate a bit while testing support 11570.
If YM continue to drop below 11570, then shall hit target 11450 soon.
Enter with Fibo range:
Long 11600 SL11550 TG 11850 (or EOD)
Short 12000 SL 12050 TG 11800 (or EOD)
Aggressive trade, Enter with Initial Shadow:
Short 11750 SL 11800 TG 11450.
GBP/USD
For some readers who follow the previous post, I am looking forward to GBP/USD hitting above 1.6160, however, with the market being resisted at 1.6130 and close near support, I abandon my long.
Expect market to test support 1.5860 (previous 1/3 retracement).
If we switch the chart upside down, it might also signal the start of the GBP/USD melt...
I take no action to long nor short but wait.
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