This method hasnt been wrong! Amazing method and backtesting is great, ill be on a live account in the following hours! Amazin and would love to teach others! follwo me on here and ill soon begin to send out signals if you would like that instead!
This is a analysis backtesting the method and is currently in profit. Sell limit missed by 2 pips!
its friday and quadruple witching day in the markets... cad is dead lol read higher tf PA will be watching this closely :))
coming to major level here very strong, cad is completely dead this morning lol probably a break and will be watching for the retest, beware cuz its friday and quadruple witching day (google) so it may be a fakeout and give large large wick i will be waiting for last kiss or that big fat fakeout read higher tf PA :))
Price is testing third time Major support zone. I'm looking more for break or little more consolidation before true break and ride to the Weekly/Daily zone. Overall we have good momentum down. Today are high impact news for USD. Possible fakeouts
I see the price will at least test 1.17050. But we need to be aware today are high impact news for EUR. Scenario2 is to break of trendline and continue momentum up.
My eyes see scenario of the continuation momentum up to atleast big zone where TP2 is. If we look from Daily/Weekly picture we see on weekly how price fakeout. *There were news* If we turn down we should watch for possible buys/sells depends what will price action tells us. Overall we are in downtrend but still on Weekly Zone. Lets see
If we look on 4h we see price is in consulidation zone. Price had serval rejactions on DAILY Zone i'm expecting price to drop to around 1.15600. There as we see on green zone we had many rejactions on 4h Timeframe. If we draw trendline from 03.01.2017 to here. We get serval bounces from it. Lets see what will happen we can catch some nice waves if price will...
Overall we are in downtrend. But still looking for a potentional buy where i put my singal previous week. Scenario 1: We can go test upper 4h Resistance zone and trendline and continue momentum down Scenario 2: We break upper Trendline and zones and we go test bigger Resistance Zone. Scenario 3: Like i draw now and still watching for buy limit to be activated....
I'm looking for a strong break of Weekly Zone. Price can go take some fuel from upper zones before a true break but overall we are in strong downtrend so lets see what will happen. After break we are going Zone to Zone.
I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline. I think price needs little more fuel of consolidation before any strong break. Possible fakeouts! If this scenario will respect my analysis we can catch nice waves.