Hey guys,
Here is this weeks weekly analysis guys. Hope everybody had a great Easter break! I need to update this analysis a little later with some more constant lines as I mention in the video.
One thing I do not mention in the video is the possible reversal setup forming on G/Y right now. The candle closes in GMT 1 hour (from the time of writing this post) and you could possibly trade it as a reversal if it breaks a significant high. Below is an image showing the possible reversal set-up based on my method.
I would probably place the significant high at 142.75 and enter a long on the break of that. However, this is not decided yet I might change my mind after this candle closes. I want to see how the candle closes and how the price reacts if the reversal begins. Please refer to the free price action strategy if you need to know how to trade reversals and how to set a significant high/low.
Anyway here is the rest of the weekly analysis guys.
Sorry, this video no longer exists, check out my latest analysis here.