Hi just keeping in mind the structures of the data. Gradual angles, steep angles, downward angles, upward angles, and flat lines are the types. Usually when there is a flat line connection of two major sell candle's wick, then a reversal is near. Hoping to watch this rise significantly. Peace.
Checking the angle here to confirm further downside.
Could this further confirm a reason to long USDCAD? watching this now to see where it goes, but it look slike CL1! is down over next month!
Looking at angles of consolidation on AUDUSD. Think of in physics when an outstretched arm or beam has downward pressure applied. The beam or arm that is angled higher , (>45 degrees with the horizontal plane), will hold more weight for a longer time. In this case we have consolidation outstretching at a very "Low" angle of consolidation. There is little support...
The language of the chart. Data patterns. Data flows and behavior.
New entry sell . move up old order. good luck. read the ebook! Maximum peace to you .
Still looking at this becuase it is at certain levels of support. 34 pip stop loss. entry only.