Williams' alligator is hunting good
this week and no signs of corrective waves is at sight. As expected
from our previous forecast last November 24, the market will still be
trekking the bullish trend giving a definite signal for buy orders.
I recommend traders to first go short
on buy orders for a good 30-50 pips because even though it's
definitely a bullish trend, an inverted head and shoulders may be
formed in the near time and fluctuations that comes along with it.
Better let you're positions breath by providing the TP and SL not to
close but at the same time not to far from the current value.
For long positions, better ride the
bull trend for quite some time but watch out for the end of second
wave which will most likely stop on or before the 1.3160 mark.
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