Hello to all watching my charts.
Here we are able to watch a trendchange as is showed
in other currecncy the last week.
Here is how it works in reality:
1. Brake of a trendine ( Long trend here ends at brake
27.10. BLACK LIne
2. Brake of 1 or 2 supports (in addition to a trendline brake
that a sign of TRENDCHANFGE.)
here it is a change from LONG to SHORT
at brake of 1502 as support line.
Than as in other currencies also
"The stone starts to roll"
as we here call it.
Look at the quick fall
Marked with a red Callout.
No we are below these supports and next hold is
1490
after that
1488
as you will see with the blue trendline.
I do hope my picture tells all
Here we are able to watch a trendchange as is showed
in other currecncy the last week.
Here is how it works in reality:
1. Brake of a trendine ( Long trend here ends at brake
27.10. BLACK LIne
2. Brake of 1 or 2 supports (in addition to a trendline brake
that a sign of TRENDCHANFGE.)
here it is a change from LONG to SHORT
at brake of 1502 as support line.
Than as in other currencies also
"The stone starts to roll"
as we here call it.
Look at the quick fall
Marked with a red Callout.
No we are below these supports and next hold is
1490
after that
1488
as you will see with the blue trendline.
I do hope my picture tells all