D'OH!
The more you look at charts (and social networks), the more you see infinity repeating patterns.
The more you recognize infinity repeating patterns, the more you understand the crowd mentality.
The more you understand the crowd mentality the better decisions you make.
My tactics are all about front running the herd. Selling before they sell or buying...
This pair repeatedly went through 2 same cycles of bullish and bearish movement to support line and boom. It never broke resistance line in that 2 waves but it happened 3rd time so i predict bearish movement to somewhere around 61% retracement and then BUY!
Today, EURSEK broke its short-term upside support line and traveled lower. In addition to that, the pair dropped below the 10.782 support zone, marked by the low of May 10th.
This creates a slightly more bearish atmosphere around EURSEK, at least for the short run.
Please see the chart for levels and potential targets. This is just an idea, so you decide what...
Trade Alert
EURSEK is stuck. As you can see, the pair is still trading above its steep tentative upside line. But at the same time the rate is struggling to push above the 10.740 barrier. For now, we will stay put and wait for a break through one of our highlighted areas, before examining a further directional move.
Even if the aforementioned upside line gets...
