@QGuo-Shane, Based on my analysis I guess there will be a rebound only until 1.09054, then it will gooooo downnn Is it ??
QQGuo-Shane
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@Eipannnn, Hi, review the chart again last night. unfortunately, I think that is not a rebound, it is U turn. I am looking to buy now. please see my publishes yesterday.
Eipannnn
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so it is going down
QQGuo-Shane
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@Eipannnn, Trading on M1 chart? M1 actually time under h1 is the most hardest strategy to trade, you have to do at least 2-3 times for opening and closing your positions. Back to your chart M1, it clearly showed a rebound - learn the Adam Theory of Markets exactly same thing happend on M1 chart now, it definitely rebound.
Eipannnn
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i have looked it back i M1 chart,it shows double top
Eipannnn
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ive made my analysis too like for alll dayyyyyy longg today for EUR/USD i guess it wouldnt go for a rebound anymore,it just close the V shape and i guess it will going downnn as usual,try check the graph of EUR/USD in your phone right now for the H1 chart,correct me if im wrong thank you
QQGuo-Shane
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@Eipannnn, haha that is why I guess before you say that you trade on H1 chart or smaller. I can't really correct you, If I you do on h1 or shorter cycles, I would close the position beacause i saw a double bottom just right now and then look to sell at 1.0945 level, don't take risk to buy as we don;t know exactly where the rebound will be.
QQGuo-Shane
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@Eipannnn, how it can be V pattern, it was just a Accelerated falling it think.I would say the 1st target rebound level is closed to 1.0930 and/ or 1.0955..
Eipannnn
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@QGuo-Shane but i saw in M5, it showed triple bottom triple tops, so how it is to trade huhu
Eipannnn
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a rebound ? where the price could be to go at the rebound ? you mean 1.9446 ?