Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
EURUSD 5 wave accumulation into M/U
Euro / U.S. Dollar
EURUSD 5 wave accumulation into M/U
By dee718
Follow
Follow
Nov 19, 2020
1
1
1
Nov 19, 2020
Recent example of a text book re-accumulation into mark-up.
Look at the buying at points 1, 3 and 5.
Then look at the trading range. Where is the trading range at? Where was the bulk of stopping volume?
..... at that key support to the left.
You can see the volume before it even reaches support.
If using RSI note the POS DIV with volume at support.
No supply/push through entry at blue circle. Profit target TBD.
Technical Indicators
Supply and Demand
Support and Resistance
dee718
Follow
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
.