eu move 120+ pips down much times touch on 38%fibbonaci and finally move down
for any question you can writte me on tradingview or email
gauss_1204@outlook.com
last post update cadjpy fibbonaci golden zone up 40 pips so now looking for a good entry for sell if the brok that zone probbaly go sell
trendline broke retest
for any question you can write in tradingview
email : gauss_1204@outlook
We have here orange lines of the major trend-channel (orange lines). Study the cases, when USDCAD did bounce with orange lines (I used green arrows to outline reversals).
Note:
- Christmas Trap in 2018. Price made the fake breakout but reversed down in January/2019.
- Christmas Trap in 2019. Price made the fake breakdown but reversed up in January/2020.
- The...
EURUSD is struggling a lot since the starting of this year so far. Bombarded from every side at once.
The pair has fallen 270 PIPs in the last 17 days.
And it has broken very strong support at 1.8370, the lowest in the last 2 years.
Currently, its making 2 scenarios as currently the market is divided into 2 parts on the hottest topic in the discussion Corona...
Candlesticks represent where price action opens and closes in a given time period.For example, when looking at a 1HR timeframe, each candle will represent 1HR of price action and also show where the opening and closing price of that hour was.
Green candles show buy pressure
Red candles show sell pressure.
The larger the candle, the more variance in price...
A double bottom is simply the opposite of a double top . This pattern normally occurs during a downtrend and is a signal of a reversal of the downtrend toward an uptrend. It’s easily recognizable by its resemblance to the letter “W”. The initial downward move will find a support at the first bottom and then the price action will rally off the support to a...
