A rocky start to the year 2022. I've been sitting on my hands for the course of 2weeks, waiting for clear cut confirmation. It's finally come to my attention that the Daily chart provided a minimum risk trade to the downside of this volatile environment we've been experiencing. Let's date back to Michael's bullish OB formed at Friday 17/12 and 20/12 respectively... We saw price expand on the upside and violating that swing high for the remainder of 2021. 2022 saw us pick up from that bullish momentum to top GU @1.37488... Notice how we are repricing from that bull run, the best entry of course would've been above 1.35325, but I did earlier state that we have been presented with a minimum risk trade. Now, let's get down to it, I think we will be moving short to correct that imbalance around 1.333xx. To make things sweeter, the Greenback chart seems to be promisingly heading for risk a off market.
More to come as we approach the end of the first month, happy hunting.
More to come as we approach the end of the first month, happy hunting.