Looking at two possible moves on this pair..
this game we play is a waiting one. If you must take a trade, enter with a stop below the candle.
if you want to build patience and wait for a break above or below, you would be better for doing so.
Back again with another Elliot Wave 1,2,3,4,5 analysis.
On my previous EURUSD (EU) which is still developing, we can see here on the 1hr. that AU is still in the early stages of development.
ANOTHER ASCENDING TRIANGLE ON A XXXUSD PAIR.
THERE IS A LOT OF GEO-POLITICAL TALKS ON THE TABLE SO THESE ARE VERY SENSITIVE IN REACTING TO SUCH NEWS
FACING MAJOR DOUBLE RESISTANCE. LETS SEE IF BULLS CAN PUSH HER THROUGH.
Hello traders we have a minor channel where EU had been traveling and making its way to the top of the channel where resistance was hit for a pullback.
We could experience some more downside, but with the current geopolitical environment nothing is clear cut and dry.
the charts allows us to focus more the price action and follow direction without...