According to Gann's Squareof 9 the last downward movement was 247 cents falling in the 76 ° degree of the Squareof 9 the peaks were very close or just at the same angle calendar days ie 14, 33 and 60 The next is 95 calendar days
EURUSD is currently forming a strong short near the 1.06600, its very likely expected to stay short for the next 3 or 4 hours, which can make us profit between 140-170 pips, because thats what I aim for. I care about pips, not profits as most traders do. Its what brings me money in long term.
I will be updating this chart as time goes by. It'll...
Hi! Last idea I said according to the chart and RSI that longs were commencing and it should for the next few hours, and it did! The 0.25 micro-lots turned out well and is now $95. The Price Action is still favoring longs so I'll stick to that. Basically, I use RSI as a confirmation. I know that indicators can get a little bit laggy further on.