My Fibonacci study on EURUSD gives an opportunity to sell from the resistance zone. Good luck...
Short-Med term bearish, long term bullish ( i believe this cycle still has to finish correcting before we can start accumulating foe the next one). Just my own opinion but I'm seeing that everyone is all bullish because we've just had a pump, & people are now thinking we're in the Wyckof Accumulation phase.. Are we forgetting that the Wyckoff Distribution has 2...
As the above says. Note - the 1:1 was aligned in the original picture/chart at 45 degrees angle from the intersection of vertical/horizontal. It may shift from the 45 degree when you view it.
There are 2 channels shown here inside which we would expect the price to fluctuate. I use The black fib channel to adapt it to the recent sharp rise. After all, we are unlikely to see 3k again in the nearest future. Therefore, this tool is suitable to synchronize retracement under the new realities of the market to work out its general direction. The black fib...
Idea using gann, will the gap be filled? or will we see price simply undergo complacency 'little volatility' until the spiral is reached?
Hello Traders Something to look at here. The product of insomnia and boredom =)