This swing trading article is something new.
I haven’t published articles like this before, so if it’s something useful then you need to let me know, otherwise I will probably stop writing it because it takes up time to do it.
22-05-2018 Swing Trading Analysis : EURUSD
- Bearish impulse wave – clear bearish trend
- Back above the ML on the grey fork
- Currently watching for a retracement to ML on black fork
- Bearish below trend defining level of 1.1950
22-05-2018 Swing Trading Analysis : USDJPY
- Currently bullish above 109.15
- Watching for a break below LMLH for retracement to ML on a new fork
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22-05-2018 Swing Trading Analysis : GBPUSD
- A break above the fork UMLH signals a move to the target zone
- Trend is bearish below 1.35694
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22-05-2018 Swing Trading Analysis : AUDUSD
- No trend currently
- Very interesting setup here
- Price has expanded through the triangle resistance directly into the UMLH
- Major highs taken out, so a new trend could be forming
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