Dear traders,
The presented graph shows data about changing C98's prices. We may expect fake fall at the sweet spot but keep an eye on that if a decrease is getting deeper, that chart may be invalid.so be careful.As I show in the chart, the first option could be cross-channel consolidation then the TP1. The second option is that if we might have a huge volume...
HI BIG PLAYERS,
the EURJPY's 1 hour chart is currently showing a nice bullish wolf wave.
I suspect that the price is still dropping a bit and is making its way up the Fibonacci line 38.2.
Also, the RSI is just colliding with a support line of the past lows (green circles).
The RRR (risk-return ratio) used here is 1:10 (means for 1 EUR risk you can get 10 EUR...
EURCHF beautiful Wolfe Wave complete at 5th point with stochastic classic divergence confirmation. We can also see double pinbar form at the bottom. I expect to see strong upward movement. www.tradingview.com
