Analisa Teknikal masih mencadangkan saya untuk Bearish kesemua GBP pairs. Risiko besar bias ini adalah perkembangan terkini Brexit & suasana politik di United Kingdom. Berdasarkan data-data yang lepas, market seolah-olah "react" jika news tersebut berupakan news yang tidak baik bagi No Deal Brexit ataupun apa sahaja yang kena mengena dengan Boris Johnson.
My technical analysis suggest that I should be bearish the Pound Sterling. The risk for this bias is any development of Brexit that usually led to Sterling to be bid. i.e No Deal Brexit, any bad things happen to Boris Johnson
Price action yesterday was exactly what I wanted. Since I am bearish GBPCHF, i was looking for a bull trap at the levels that I have marked today on the chart. P2 bearish had been activated, I am still waiting for a bearish trigger signal and/or another test on the upside, preferably breaking yesterday's high.
The daily range yesterday exceeded the 20-day ADR upside projection hence I am anticipating a more subdued price action today. Just anticipation. I love volatility, I wish there is one every day.
My technical analysis suggest that I should be bearish the Pound Sterling. The risk for this bias is any development of Brexit that usually led to Sterling to be bid. i.e No Deal Brexit, any bad things happen to Boris Johnson
Price action yesterday was exactly what I wanted. Since I am bearish GBPCHF, i was looking for a bull trap at the levels that I have marked today on the chart. P2 bearish had been activated, I am still waiting for a bearish trigger signal and/or another test on the upside, preferably breaking yesterday's high.
The daily range yesterday exceeded the 20-day ADR upside projection hence I am anticipating a more subdued price action today. Just anticipation. I love volatility, I wish there is one every day.
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