i made this analisis just to study on the market movement.
i will make the desicion after the completion of 240 candlestick on the critical action level.
because that level of indecision is where the end of correction.or the trend will continue to go up.
the critcal zone are strong daily resistance and 50% fibonaci retracement level.
my desicion will be the...
GBPNZD shows indecision candles for the last few trading sessions, it might be a signal to have potential bearish movement if breaks the previous low of the last doji. Risk reward 1:2 is a good proportion, will hold the position for the next few days and will try to find better entry point to go short
LII is a low volume stock but one which is beginning to show signs of trending well since breaking above the 200ma in October 2014.
At that time there was major resistance ahead with price trading below the March 2014 pivot high ($94.69) and the $100 figure. The March high proved the more difficult to crack with price hanging around the $92-$97 zone for several...
