It is typical to find a 3D PATTERN in these market conditions, this further bullish movement (if it will be), could be an impulsive wave consolidation.
STRATEGY: BUY & SELL OPPORTUNITY
Thank for your support and trade with care!
STRATEGY: BUY & SELL OPPORTUNITY
Thank for your support and trade with care!
Comment:
FUNDAMENTAL COMMENT: Gilt yields are closing in on pre-Brexit levels. (MONITOR!)
Comment:
TECHNICAL UPDATES: If you took Long Position around 1.2461, watch this "resistance area":
Comment:
UPDATES: How can I trade this chart?
COMMENT: The consolidation movement expected, it happened, and the area around 1.2461 seems to have been a good BUY OPPORTUNITY. If we look at the waves chart, we see that the corrective structure has developed 5 waves (ABCDE), technically speaking, this type of correction, to be correct, does not need any more pullback and should push the price, directly to new high. If this does not happen, it means that wave E also corresponds to a wave A of ABC (bearish), and potentially the pair will make new lows, probably around 1.2400. Honestly, the second hypothesis, we do not like, though on daily time frame, we want to see a 3D PATTERN, it means that 1.2461 should not be violated.
Thank you for your support and we would like to have your comments ...
Trade with care!
COMMENT: The consolidation movement expected, it happened, and the area around 1.2461 seems to have been a good BUY OPPORTUNITY. If we look at the waves chart, we see that the corrective structure has developed 5 waves (ABCDE), technically speaking, this type of correction, to be correct, does not need any more pullback and should push the price, directly to new high. If this does not happen, it means that wave E also corresponds to a wave A of ABC (bearish), and potentially the pair will make new lows, probably around 1.2400. Honestly, the second hypothesis, we do not like, though on daily time frame, we want to see a 3D PATTERN, it means that 1.2461 should not be violated.
Thank you for your support and we would like to have your comments ...
Trade with care!
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
NOTE: ...many call on 1.2415!
🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015