The market is giving signals all I can do is take them.
I see a deep six hour correction and a six hour consolidation. The trend is up from my analysis.
It's all in the charts.. Once price reaches the highest resistance forming the triple top get ready for a huge midget Shorty Shorty PIPGOD_ Overall analysis long till price reaches major resistance 84.64 my opinion, then big shorty coming
Price should drop to 129.94. There's a session break coming up so let's see what happens. I currently have a trade in on binary. I do not think price will be greater than 130.20 by 7pm. From my time I have 8 hrs and 9mins to go. Let's ride EJ. Price should reach 130.52 then fall downhill to 130.07
If you discover a downtrend or uptrend on a particular pair. Look on the hourly chart and you should be able to see a trend within a trend. On this picture you can see that is a downtrend is in motion, notice how the best the best entries are when session end. Example nthe Asian session is about to being I say at around 7:20PM we should see some good action...
Let's see what happens. Analysis took me 3mins top. I am not going trade I'm just going to watch.
Price will finish below 130.20 good trade for fxoptions. 1HR Chart
Price turn around at 130.42 or 130.61. Expecting a big drop.
What I've done is set the RSI indicator at 200, 50, 50 creating a MACD. With me setting the overbought and oversold to one line that gives me a clearer view of the temporary trend which is up. There's really no such thing as overbought and oversold in the spot market.. "Adjust the length from 60, 100, and 200 to get a better understanding." I think that price will...
Simple Technical Analysis. The overall trend is still up. Take a moment bro look at the chart on a 1hrTF. The Analysis were done on a 15minTF because that's where I place my entries.