Dear Steemians, welcome to Wave Analysis...
Today, we don't have any new trade setup, but I will update the Hotlist items.
Updating of Hotlist Items
Active Trades
EURUSD: It is in the middle of nowhere. Both direction is possible. Move the stop loss to previous top or breakeven.
USDCAD: If it makes a new correction, I will take another short trade. When it breaks previous bottom, I will move the stop loss to breakeven.
USDJPY: Just leave it alone. I'm expecting a down move inside of running flat, and I hope it won't make an expanding flat, so I will be in the trade. I don't think so but it also can keep going up.
AUDJPY: Finally. I'm not touching to my trade. If you want you can move your stop loss to breakeven.
CHFJPY: It didn't stop me out, and it was pure luck. Now it's making something I don't know what it is. Just wait and see. I hope it will make a correction for more upside. So, I will take another long trade.
SPX500: I'm still expecting the down move as C wave. If it starts going down, I will start moving the stop loss to positive levels and I won't close the manually. Because, what if falls like a rock.
Pending Orders
XAUUSD: I have put an entry order because the small structure after drop can be correction.
Removed from the Hotlist
GBPJPY: My medium-term forecast is still the same, but there is no valid trade setup anymore.
You can visit the published idea page on Tradingview by clicking the name of the asset. If you like to see more details and explanations about this trade setup and updating of Hotlist items you can watch today's video on DTube by clicking the following image.
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Until next time, trade with care.
Bulent...
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What is Hotlist?
Hotlist a short list, which contains charts that were shared in previous days. So, today's new trade setup will be in the Hotlist tomorrow, and I will update its status every day until I remove it from the list. Each chart will be in the Hotlist as long as we have an active trade or a pending order or its trade setup remains valid.
Disclaimer:
Don't invest more money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.