It seems that it responded to a horizontal line near 1.32000(In my chart,1.32108). The movement is similar to eurusd, but will it respond cleanly?
1) The horizontal line functions as a resistance
I choose short aim to before.MPP 1.30760
2) The horizontal line does not function as a resistance
I want to consider the long if it goes above the horizontal line and functions as a support, but since it is a phase where the trend seems to be going down, let's observe carefully.
------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- <Legend> --------------------------
1) The horizontal line functions as a resistance
I choose short aim to before.MPP 1.30760
2) The horizontal line does not function as a resistance
I want to consider the long if it goes above the horizontal line and functions as a support, but since it is a phase where the trend seems to be going down, let's observe carefully.
------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- <Legend> --------------------------
Trade closed: target reached:
It was unexpectedly early settlement.
I set the limit before the double zero to the limit.
It was unexpectedly early settlement.
I set the limit before the double zero to the limit.