EurUsd Market Update from 1.1175 to 1.1013 As Support Level
08/11/2019 EurUsd Rate Market Update - Unfortunately for myself once Price decides to enter into an Expected Swing Low Phase as in this case the Double Top.
I need to follow the Trend until it is validated as A Completed Trend Cycle.
I had indicated 1.1040 as the low Level which it is - But Price is adding a 5 minute bar lower - At this stage i can now verify that 1.1013 - 1.1013 As the Secure Support Level towards Continuation Higher Prices.
I do have a template of the Chart Base Rates - By this i mean the tested and historical resistance and support levels which i need to to follow through rigorously therefore I am well in the know that the Current Rate needs to Return Back to Higher Pricing at 1.1337
I need to follow the Trend until it is validated as A Completed Trend Cycle.
I had indicated 1.1040 as the low Level which it is - But Price is adding a 5 minute bar lower - At this stage i can now verify that 1.1013 - 1.1013 As the Secure Support Level towards Continuation Higher Prices.
I do have a template of the Chart Base Rates - By this i mean the tested and historical resistance and support levels which i need to to follow through rigorously therefore I am well in the know that the Current Rate needs to Return Back to Higher Pricing at 1.1337
Trade active:
12/11/2019 A EurUsd Rate Pair Market Update - Current And Secure Support Level is Now allocated at 1.1008
Towards the Price Stabilising & Resuming Continuation Higher Trend Phase which as been allocate at 1.1337 High Mark.
Towards the Price Stabilising & Resuming Continuation Higher Trend Phase which as been allocate at 1.1337 High Mark.
Trade active:
12/11/2019 Late Afternoon - EurUsd Swing high In Progress Support Level established at 1.1001
People won`t Believe You ? Once Profit is added to your Accounts.
People won`t Believe You ? Once Profit is added to your Accounts.
Trade active:
13/11/2019 Early Morning From 1.1008 Lows & Support Level - If the EurUsd Rate Continues to drop then best Support Level is allocated at 1.0926 - 1.0926 towards the return to higher pricing at 1.1337
The rate appears and is obviously adding a lot more pips as length to the estimated high target - So all is still in check until we can arrive at the likely safety bar low 1.0926 - should count as maximum consolidation phase within the index. Lets See - Forexcandles allows you to monitor the rates until signals and forecast provide for 100% percent in accuracy rating.
Don`t forget when trading my calls stop-loss is place just under the support or resistance level that is nominated at that time of entering the market symbol or traded pair. Thanks for being patient.
Some-times I need to follow the Consolidation Phase down until i can arrive at a secure level to the rates - this is not a problem most of the time but sometime`s the rate will embark on a consolidation within random level - which i did to bring into clearer meaning as to the pending outcome.
The rate appears and is obviously adding a lot more pips as length to the estimated high target - So all is still in check until we can arrive at the likely safety bar low 1.0926 - should count as maximum consolidation phase within the index. Lets See - Forexcandles allows you to monitor the rates until signals and forecast provide for 100% percent in accuracy rating.
Don`t forget when trading my calls stop-loss is place just under the support or resistance level that is nominated at that time of entering the market symbol or traded pair. Thanks for being patient.
Some-times I need to follow the Consolidation Phase down until i can arrive at a secure level to the rates - this is not a problem most of the time but sometime`s the rate will embark on a consolidation within random level - which i did to bring into clearer meaning as to the pending outcome.
Comment:
sorry error above - which i need to bring into clearer meaning as to the pending outcome.
Comment:
Trading the Foreign Exchange Markets is so Complexed - This is why as a rule of thumb - I stick too the Channel Pattern Range which will develop within the Current Trend Range - Even if consolidation appears then you should benefit from having the knowledge on entering the traded position from the low or high of the channel which stops the use of adding margin or maintenance margin to your accounts.
In the case of EurUsd Pair here the channel started at 1.0880 lows and should provide for 200% bar high which is set at target 1.1337 I can`t really see the rate pushing lower at this time because it is already in-line with the top of the chart at the 200% bar 1.1337
- But you know keep writing in - or keep writing in to early ? - Beats Me Why ?
In the case of EurUsd Pair here the channel started at 1.0880 lows and should provide for 200% bar high which is set at target 1.1337 I can`t really see the rate pushing lower at this time because it is already in-line with the top of the chart at the 200% bar 1.1337
- But you know keep writing in - or keep writing in to early ? - Beats Me Why ?
Comment:
13/11/2019 See How Price has Frozen - At my Second Option today I am considering weather Price has room to the Downside - Intentionally I am looking at the 200% h1 bar higher coming into line and lining up at the top of the chart with 1.1337 - But i think that this effect will not resolve anything.
If this effect was to be valid the Rate would have gone over to this limit and level by now and would not have contemplated the Consolidation phase at 1.1173 high & resistance level.
So with good reason - i can see that there is more room at the lower end of the chart at the 241% bar on the h1 chart at 1.0983 & 1.0926 which is the h1 241% percent bar Lower - And could see a better outcome against the remaining trend lower within the area.
So some work need clearing up here - I`m new to Trading -View and writing in the Signal will take a-little time until I can line the Rates up into the their respective Channel Ranges -
So i`m say that we are at a Current Down-trend Phase from 1.1173 highs I expect Price to Continue ON DOWN towards 1.0923
And will better serve are purpose within the occurring and remaining down trend phase. Thanks just tiring up work as you all will need to do at sometime.
100% Accuracy.
If this effect was to be valid the Rate would have gone over to this limit and level by now and would not have contemplated the Consolidation phase at 1.1173 high & resistance level.
So with good reason - i can see that there is more room at the lower end of the chart at the 241% bar on the h1 chart at 1.0983 & 1.0926 which is the h1 241% percent bar Lower - And could see a better outcome against the remaining trend lower within the area.
So some work need clearing up here - I`m new to Trading -View and writing in the Signal will take a-little time until I can line the Rates up into the their respective Channel Ranges -
So i`m say that we are at a Current Down-trend Phase from 1.1173 highs I expect Price to Continue ON DOWN towards 1.0923
And will better serve are purpose within the occurring and remaining down trend phase. Thanks just tiring up work as you all will need to do at sometime.
100% Accuracy.
Comment:
Every time i speak the rate turns around the other way - Have you notice that ?. Best when trading pips. Forexcandles.
Comment:
15/11/2019 EurUsd Appears to be covering the Lower-side at 1.0926 from recent high at 1.1054 - So Price can travel either up towards 1.1337 if the rate dose then there is an extra bar added at 1.1437 higher or down towards 1.0926 241% h1 bar low.
So this Rate not in-line yet as to trading recommendation just now - but after the next cycle going either high or low - I could have caught up with this Rate Pair and then trading advisory will begin at 100% Accuracy Rated - So keep watching and stick in there.
forexcandles - time is the only considerate when evaluating and trading towards good outcome.
So this Rate not in-line yet as to trading recommendation just now - but after the next cycle going either high or low - I could have caught up with this Rate Pair and then trading advisory will begin at 100% Accuracy Rated - So keep watching and stick in there.
forexcandles - time is the only considerate when evaluating and trading towards good outcome.
Trade active:
15/11/2019 EurUsd Appears to be covering the Lower-side at 1.0926 from recent high at 1.1054 - So Price can travel either up towards 1.1337 if the rate dose then there is an extra bar added at 1.1437 higher or down towards 1.0926 241% h1 bar low.
So this Rate not in-line yet as to trading recommendation just now - but after the next cycle going either high or low - I could have caught up with this Rate Pair and then trading advisory will begin at 100% Accuracy Rated - So keep watching and stick in there.
forexcandles - time is the only considerate when evaluating and trading towards good outcome.
So this Rate not in-line yet as to trading recommendation just now - but after the next cycle going either high or low - I could have caught up with this Rate Pair and then trading advisory will begin at 100% Accuracy Rated - So keep watching and stick in there.
forexcandles - time is the only considerate when evaluating and trading towards good outcome.
The Notational Value of A Currency Rate Pair is calculated within the Channel Range Pattern for the Pairs.
Just as re-cup I analysis 4 Currency Pairs these are the Intrinsic Values at this time listed just below.
- As so followers & investors can keep some record keeping as of these events as they unfolding.
I use a set of Standard Templates against the Fibonacci Ratio`s which is set within the Index that enable me to produce some very good trading results it is these Standard Templates that produce the Channel Range or Chart Candlestick Patterns Range which show`s us what to expect next within the Rate Pairs.
EurUsd Pair currently at swing high phase target 1.1337 - from low at 1.1013
GbpUsd Pair currently at swing low phase target 1.2359 - from high at 1.2990
WtiOilUsd Pair currently at swing low phase target 47.97 - from high at 58.60 & added gap 58.17 maximum resistance level
GoldUsd Pair current at swing low phase target 1318 - Divergence & Pullback expected shortly - from 1448 target higher 1492 -