Double top ... might FOMO a bit more, than drop. All ideas are here just for my own reference. (Progress and prediction tracking). None are financial advice (I don't even trade yet).
Until we break out, we're not going to no moon.
Not much hope for Euro apart from quite high probability of move to the upside of a channel...
Possible double bottom. Use Stop Loss
Info in chart Before further upside, time for a little bit of a retracement.
We all look at charts, hoping we can REALLY predict the next move. We get so good at it that indeed the number of our successful trades increase over time. So we start zooming in, our strategies get more sophisticated and everything goes according to plan... we differ from reality focusing on 4H, 12H or 1D charts. I can hear a lot of bulls recently aiming for new...
Good risk to reward. Let's buy 25% at 100 weekly and 75% at 200 EMA. Total investment 1%.
Might take a while to bounce back - but were in oversold area on weekly ...