To my loyal followers who are able to read my analysis correctly and patiently wait for a setup you will be aware I identified both a Long and Short setup in my related charts below. Both of which have not occurred and we remain in the no-entry zone.
As pointed out in my previous articles we remain neutral until we have confirmation and a trade setup where we can define our risk.
We are currently hitting the Fib Reaistance Zone I identified (see related charts) and potentially looking for a reaction against this.
Breaking above, the resistance zone means we wait for the Market to either confirm a higher LH or a resumption of the Up Trend.
Support remains as I identified around the 12500 and as previously pointed out we don't enter short until a breach and retest.
My followers know how I trade with confirmation and stop losses. For the very small handful of others who continue to struggle to read properly or understand my analysis correctly or have opposing views (which you are free to have) please follow the numerous others publishers on this Forum you can learn from.
As pointed out in my previous articles we remain neutral until we have confirmation and a trade setup where we can define our risk.
We are currently hitting the Fib Reaistance Zone I identified (see related charts) and potentially looking for a reaction against this.
Breaking above, the resistance zone means we wait for the Market to either confirm a higher LH or a resumption of the Up Trend.
Support remains as I identified around the 12500 and as previously pointed out we don't enter short until a breach and retest.
My followers know how I trade with confirmation and stop losses. For the very small handful of others who continue to struggle to read properly or understand my analysis correctly or have opposing views (which you are free to have) please follow the numerous others publishers on this Forum you can learn from.
