Hi guys, as you can see i draw a unknow area box, that is just up and down randomly, this is the part we need to make our decision on buying or selling trade in 7/1.
just my opinion, tonight 7/1 is also NFP night, will be more "not confirm" situation for beginner, but there are still got small chart pattern/wave pattern you can see.
in 4h time chart, bull trendline(candle) take 10~15 candles for reaching the top, but however the bear trendline(candle) takes 4~6 candles.
Means that volume and pressure of selling(bear pressure) is still so strong.
My opinion for 7/1 is doing short, sl around $1810.
just my opinion, tonight 7/1 is also NFP night, will be more "not confirm" situation for beginner, but there are still got small chart pattern/wave pattern you can see.
in 4h time chart, bull trendline(candle) take 10~15 candles for reaching the top, but however the bear trendline(candle) takes 4~6 candles.
Means that volume and pressure of selling(bear pressure) is still so strong.
My opinion for 7/1 is doing short, sl around $1810.