Happy New Year everyone !!!
I took the last week off and stopped trading, had a good rest with the family. So now, it is time us to kick start our trading in the new year 2018. Let's jump straight in to the charts today.
EURJPY H1 - Bearish Crab completed.
I would like to see a bearish rejection candle for a confirmation to go short.
Momentum indicator shows that this pair could go higher.
GBPJPY H4 - Bearish Shark to complete higher
I would only consider shorting this pair at a higher level when the Shark completes. At this moment, I will stay on the sideline and be patient.
Let's monitor to see how these pairs play out this week.
Announcement:
For those traders who are based in Singapore, I am having a classroom session to share how I trade the Forex markets using Harmonic Patterns. This method of trading has been kind to me, if you are keen to know more, please RSVP via the link below and come for the sharing session.
Stay tuned for more analysis through out the week.
Trade well and trade right !!