More chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones
Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1M WR4
1M WR7
Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level Higher then the last day Close is R4 1.34380
Option level Higher then the last day Close is R3 1.33570
Option level Higher then the last day Close is R2 1.32780
Option level Higher then the last day Close is R1 1.31790
Option level lower then the last day Close is S1 1.31260
Option level lower then the last day Close is S2 1.31170
Option level lower then the last day Close is S3 1.30100
Option level lower then the last day Close is S4 1.29350
Session (current session only)
r3 1.33439
r2 1.32975
r1 1.32510
p 1.31787
s1 1.31322
s2 1.30599
s3 1.30134
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1M WR4
1M WR7
Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level Higher then the last day Close is R4 1.34380
Option level Higher then the last day Close is R3 1.33570
Option level Higher then the last day Close is R2 1.32780
Option level Higher then the last day Close is R1 1.31790
Option level lower then the last day Close is S1 1.31260
Option level lower then the last day Close is S2 1.31170
Option level lower then the last day Close is S3 1.30100
Option level lower then the last day Close is S4 1.29350
Session (current session only)
r3 1.33439
r2 1.32975
r1 1.32510
p 1.31787
s1 1.31322
s2 1.30599
s3 1.30134
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.