Eurusd is in a relief trend set to reach a selling climax near the 1.10 region. Traders should look to get short at the peak of the selling climax or on a secondary retest near the 1.10 level.
Traders have an entry for 1.10 now at the halfway point between points 8 and 9.
This is a test to see how accurate these trend lines will be, a continued update will be posted with reverse trendlines with much more detail.
Traders have an entry for 1.10 now at the halfway point between points 8 and 9.
This is a test to see how accurate these trend lines will be, a continued update will be posted with reverse trendlines with much more detail.
Comment:
This means you rebuy 1.08970 to 1.09050
Comment:
Occasionally we can slip through the levels
Short term traders sell a partial at point 9 and rebuy at the halfway point between points 8 and 9. Use Math not looks!