Hello traders, Didn't posted in a while, because i've been testing few strategies, and now i''m back with the results! Focus on the break of the last low, if this scenario is happening, price might reach the 61.8 fibonacci level, or if price action goes sideways, patience would be the key.
Divergence + Reject might be a buy signal. Succes!
Price came down to 1.06834 hard. Failed to breach through for 3 times. Each time higher and higher. From price action perspective, buyers are willing to still buy in at high price. This applies also on EurCHF
Words are pointless, read the chart. Good luck !
Beautiful h&s breaked and retested, ready to drop in NY session.
A very clear inversed head & shoulders with a nice retest of the resistance wich became suport and then a confirmation of the pattern on EURJPY leaded the price to the top and now the retrace is bouncing between 23.60 and 38.8 ( fib levels) What i expect is a retrace near 61.8 if the 38.2 is broken. But a buy scenario is also a way to see it. If it rejects from...
Hello traders, this is a full analyse on EurCad with both scenarios wich you should consider. Price bouncing in a triangle pattern so there are more chances for price to reach the Strong Resistance. I made this analyse for conservative and for agresive traders so you can chose your side. But the main thing here is that you are on the money side so if you find...
Wait for a rejection then go short starting from resistance. On this chart we also have a divergence so if you trade this give more atention on the divergence forming. "To prosper" means to succeed, to thrive, to turn out well. In other words, when you are prospering, you are expanding, growing spiritually, mentally, financially, socially and intellectually. In...
As chart shows. If you find this analysis useful, please support me with your likes and comments. If you have another analysis at this pair, please share in comments, I will be glad to discuss with you. "To prosper" means to succeed, to thrive, to turn out well. In other words, when you are prospering, you are expanding, growing spiritually, mentally,...