Sellers took over the local zone during the Asian session, where we had arong sell-side movement that led the price back to moving averages (100 and 200).
We are seeing some sort of recovery currently so we are not going to rush into any position here,, as sell-side movement has not yet been confirmed with a proper retest, so currently our attention is on the $106-107K area, where if we see a successful retest, we will be going into short positions but if we see further movement to upper zones, then a retest of the local high will be our plan.
Swallow Academy
We are seeing some sort of recovery currently so we are not going to rush into any position here,, as sell-side movement has not yet been confirmed with a proper retest, so currently our attention is on the $106-107K area, where if we see a successful retest, we will be going into short positions but if we see further movement to upper zones, then a retest of the local high will be our plan.
Swallow Academy
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.