Hi traders, we can see the structure of EG rallied upwards from a demand area where it rejected off well. It continued bullish with a HH & HL structure which might tend to continue. At the current level I expect to get continuous rejections to confirm the LONG trade. Don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be patient. Think big in probabilities and biases so you don't be disappointed when market doesn't play out the way you expected it to. Follow me for more weekly predictions and hit the thumbs up button, comment and share!
Comment:
Price extremely broke above my expected exit area. Setup really played out well and it only takes great patience and discipline to catch a good setup. I will wait for structure to play out further, but I'm bias on a bullish move still.