Long-Term W1 Outlook
- I keep sharing my longer term view on this pair and yes it looks like bears will eventually continue lower. Especially after the last breakout from little trendline, we are only watching bulls trying to retest breakout levels around 1.0822..
- If bulls fail, bears will begin to drag this further down to 1.0650 levels and therefore it is always wise not to invest too much in buying.
- I am buying dips "intraday wise" but with weekly chart in the back of my head I know when to stop. Even the tiniest bearish signs matter.
- But as always we go step by step: Until bull power fades out I am with bulls.
Best wishes
Be a seer, not a looker!
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