Quote:
Originally Posted by zlrfx
ok so im a newbie but here is what i did. im taking a short position at 152.00 because ( buy the way how do i post my chart) there was a down trend line on 1hr and the top is right around 152,20 so i checked the news and it didnt show any up coming for the rest of the day. and i was wantiing to do a SL 152.60 and TP at 151.80 what do ya think?
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hi,
Your sl should be refer to the bullish continuation critical line 1. For latest updated, please refer to my updated forecast. To post the charts, u have to right click at the charts and save is as image 1st. Then upload via babypips or imageshack. Good luck.
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At this moment, I believed market will perform a bearish continuation trend either to complete an impulsive subwave v in yellow or a truncated wave v (magenta or white). Therefore, please be careful for any truncated scenario or any breakout to the bullish continuation critical line 1. Good luck and happy weekends.