200MA invalidated my original P2 Theory on smaller TF of 45M. MA acted as support to hold price in the key 1700s supply zone. (So i'm still yet to take any positions)
The temporary purple supply zone at 1723 has become a respected level for both buyers and sellers. A lot of consolidation / sideways price action seems to have built up around this level. With...
just a quick update on this and its looking good so need to stay patience and lets wait for the right time with this one, there's a few outcomes along the way and we need to adjust with the markets as well!!
this can always break and still go down if so i will update this idea
This time I wanted to share how I think DAX will evolve.
I would appreciate a follow, reputation and a comment on what I can do better. Thank you very much.
The S & P 500, which has continued to raise for a long time, stopped raising before 2800.0 and then backed down.
Currently it is stopped by the horizontal line near the high price of last month.
Horizontal line 2738.6 is
1) Functioned as a support line.
Long until MPP 2768.0 long.(long if it can attack safely WPP 2762.1 long)
2) It does not function as a support...