Sterling Dollar - Intermediate Term Technical Picture
The Intermediate & short term trades that I will be making coming week are based on the above technical picture.
Over riding momentum is both negative on 4hr (not shown here) & day time frames.
This means that long trades can only be taken when momentum is positive on the 1hr + 15mins, to tops of the Right shoulder.
Momentum is currently positive on the 1 HR. I can then consider to buy a support pivot or momentum -ve extreme on the 5 / 15 min time frame to daily pivot resistances (short term).
Will attend to coming Monday.
Profitable trading to Everyone.
Summerset
Over riding momentum is both negative on 4hr (not shown here) & day time frames.
This means that long trades can only be taken when momentum is positive on the 1hr + 15mins, to tops of the Right shoulder.
Momentum is currently positive on the 1 HR. I can then consider to buy a support pivot or momentum -ve extreme on the 5 / 15 min time frame to daily pivot resistances (short term).
Will attend to coming Monday.
Profitable trading to Everyone.
Summerset
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.