Trend following PIP

still strong and is currently in a healthy pause. I’m currently waiting for the small box to be broken before adding to my positions. Resistances pegged at 5.70 and 5.75. It can also be forming a possible bullish flag with a target of 6.88. Follow stops as always.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s