EURCHF BEARISH
I've noticed price tends to create curves as it's about to reverse it's direction.
I read in a book where someone refers to these rounded tops and bottoms and spiked tops and bottoms as ADAM and EVE. This has helped me identify these reversals a lot better as well as the use of your standard sup/res, parallel channels. Give it a go, let me know if you're also able to spot these in the market.
I read in a book where someone refers to these rounded tops and bottoms and spiked tops and bottoms as ADAM and EVE. This has helped me identify these reversals a lot better as well as the use of your standard sup/res, parallel channels. Give it a go, let me know if you're also able to spot these in the market.
Note
the rounded top and bottom is supposed to be Eve, I forgot to add it hahaNote
(For my journal) Excellent analysis I must say, just always following the trend, market continued to move bearish as predicted.
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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.