A breakdown of EUR/USD with potential scenarios for both the up and downside. The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested. Good luck!
The price crossed the 43.47 key level while going down, and this may. now be a resistance. I think the price will at least go downtrend to 42.73 that may be a support and if price crosses it while going downtrend then it may be a resistance.
Hello friends this are 3 scenario of breakout: 1) (Green) Breakout on strong resistance of disjoint angle that lasts from July 2) (Blue) Breakout on blue support, beat on white and break the strong white resitence 3) (Red) Breakout on white support Tell me what you think, i would be happy to read advise and why not, compliments. FX:GBPUSD
Just in case if the previous scenario (short at 4600) doesn't pan out and that the top actually becomes circa 4666. See previous article :)
In case if the price will go down, the possible scenario is based on the volume and oi.
Still want to sell it, looking for a better level to enter
price is in a down trend with a current up direction. in case if the price will stay below the control level, the price will have a good potential to go down.
The scenario is based on volume and open interest details on the chart
Trading plan on a current mid term situation. Instructions on how to read labels on a graph: The purpose of the SWA approach is not to name the wave, but to make money out of the next swing of a tradable period. To get a deeper understanding of the approach, that can open a new doors for your trading, please contact. Impulse move (impulse wave), or the...
As all retail traders are looking for long trades, we know this pair can easily get lower again. The nice high test at out weekle resistance is a good signal to trade from along with a bunch of other confluences on the different TF's.
We will wait for a little pullback to the 1.40 level and buy from there. This pair is ALL BULLS.
I am back with more analysis. Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly. U can find the other "tradetostart's" on my instagram : FXB_Buddy Check it out! The link to my website is also on there.