Preconditions: - key level - predictable risk - global trend up - local trend up
You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Hiya mate, great analysis, always watch your charts. I had the same idea and alas it was unsuccesful. Thats what keeps you on your toes I guess! Wondering if I could get your opinion on this chart I made, spotted what could potentially be the "real" trendline while I and many others were focusing on the one indicated in yours, mine and many others charts. seems to connect the most points within the bull flag and appear to have a failed break + retest previous to this one. Lines up perfectly with the 61.8 Fib as well as a clear + strong support/resistance zone
Global_Fx
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@JamesEvison, Agreed! institution will start buying from this level as shown on the COT data :)