X point is a structure, hoarding a large number of unfilled orders
Point C is the high point created by the X structure.
Point B is the first test to sell the X structure, and there is no new low.
Point A is the rebound of point B after the X structure test.
So if the buy order for the X buy structure is not strong enough, then why is there a point where point...
This is not meant to be a signal or a trade idea! This is a long term analysis of Eur/Usd using a Weekly Time Frame With A Line Chart.
So as you can see, Price broke Support and Came back up recently to Retest WEEKLY SUPPORT NOW TURNED RESISTANCE.....
This gives me the idea that the EXTREME LONG term bias toward Eur/Usd will definately be down into the next major...
Hi all,
This post is for educational purposes only.
This is my view on the overall long term trend for the Kiwi. Simple, clean chart.
Took me a while to have the confidence to publish my analysis, please feel free to comment below :)
Let's share.
EURGBP daily timeframe June 28, 2019
You see trendline orange ??? If yess, if you are trendline trader, I'm pretty sure you will open SHORT POSITION directly .
But from my experience , what I can say is TRENDLINE in many proof, like this now EURGBP , you see price keep moving up , and breakout trendline !!! However, my past experience teach me to avoid using...
