DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Alright everyone so this pair has been making a support and resistance channel here. Friday's trading session formed a nice pin bar at the resistance level. So what can we expect? The price to bounce off that resistance level. Wait for confirmation on Monday and look for entry.
Safe trading everyone!
Alright everyone so this pair has been making a support and resistance channel here. Friday's trading session formed a nice pin bar at the resistance level. So what can we expect? The price to bounce off that resistance level. Wait for confirmation on Monday and look for entry.
Safe trading everyone!
Note
Well everyone theres a lot of volatility here. I think everyone was waiting for the price to drop, traders all waiting for price to drop that it didn't. Lets wait for FED meeting tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.