dee718

EURUSD 22 SEPTEMBER 2020 1045 hrs (positive RSI div at Support)

Long
OANDA:EURUSD   Euro / U.S. Dollar
Looks like buying started to come in in addition to a positive RSI divergence. Careful short. Use 5 or 15 to confirm or deny accumulation phases.

Would like to see a double bottom/spring in addition to sustained buy activity. USe the 5/15 to pinpoint the buying and if its continuous.


Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
Dee Nixon


Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)

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