Since the start of the week, market is not giving much opportunities to trend traders like us. The reason is simple, Monday and Tuesday we had retracement but Wednesday looks to provide a clear trend by US open. Please note that we donot trade unless the trend is confirmed. So today it looks like a trend transition phase.
Trend Bias:
Eur/Usd- Down
Gbp/Usd- Down
Usd/Chf- UP
Oil- UP
Gold- Down
Trend Bias:
Eur/Usd- Down
Gbp/Usd- Down
Usd/Chf- UP
Oil- UP
Gold- Down
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