As per previous update-"alternate count"--we had long positions above 1.1012 for target zone 1.1080--1.1090...but EU -just went to 1.1040 high & has a sharp fall...breaking 1.0970--Mark which was our trigger point for going short...
Trading Strategy -- Below 1.0970...EU possibly to travel in the zone 1.0910--1.0925...where falling channel will support EU...if EU breaks 1.0911 previous low made on brexit day & even breaks the channel on downside then look to hold your shorts else falling channel shall support EU's downfall in the zone 1.0910--1.0925 & we can expect a bounce back to same zone back..1.0970--1.09725...
Regards, Abhishek H.Singh, CMT
Trading Strategy -- Below 1.0970...EU possibly to travel in the zone 1.0910--1.0925...where falling channel will support EU...if EU breaks 1.0911 previous low made on brexit day & even breaks the channel on downside then look to hold your shorts else falling channel shall support EU's downfall in the zone 1.0910--1.0925 & we can expect a bounce back to same zone back..1.0970--1.09725...
Regards, Abhishek H.Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
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Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)