MIchaelTran

MIchaelTran

1D chart WaveNo4 completed - it met support level Ready for Long buy. TP 0.8500 SL 0.7500 Note: This chart is for study only.

MIchaelTran

1D chart Descending triangle is a common signal of strong support . If it break (rally more than 50 pips below 118.80 level), it will bearish for more than 100 pips If it break Lower highs level, (rally more than 50 pips above 120.00), it will bullish for more than another 100 pips Note: This chart is for study diary only.

MIchaelTran

1D chart. +UpTrend is confirmed when it broke the last resistance 1.1023-1.1051. Wave No3 is absolute strongest wave, (base on Elliott wave theory). +Predicting new support is 1.1023-1.1051 from now and will be the destination of wave No4. (Retracement right after Wave No3) +Buy order is around 1.1023-1.1051 Note: This chart is for study diary only ...