Hello traders, in this post i am giving a quick break down of the current range we see in this market. I entered this trade 2 hours after the open of the London session now im making a post to monitor my feedback. I have noticed that we have a false breakout scenario with the macd indicator and price action. The double bottom pattern and macd signal cross that...
EURJPY can move 2 ways- short until trend and launch on a long position, or rally from actual price at the moment. Both are beautiful positions for an increase in equity. Fundamentals and technical look beautiful. Stay blessed, keep increasing that equity curvature and lets 211 these banks!
Fundamental-Economic Calendar: Market Composite PMI & Services PMI for...
For now wait for a double bottom happening in the early hours of NY session.
Future prediction:
A Head and Shoulder pattern will form and I expect it to fa-i-l next week.
