It is a beautiful range sandwiched between Pivot Points. It will be a simple point of trying to short. << tactics >> 1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry. The first limit is WePP (P) 0.67879 The second limit is WePP (S1) 0.67351 2) If you penetrate MPP (P) upwards, wait for a long entry opportunity. Please note that...
I AM LOOKING A NICE PULL BACK ON SELLERS TERRITORY FROM 1 HOUR NOW PRICE IS ON BOTTOM OF THE RANGE FORM WEEKLY SO NEED TO BE CAREFUL BUT I THINK WE CAN MAKE SHORT PROFIT FORM IT LETS WAIT NOW CURRENT CLOSED CANDLES SHOWING THAT BUYERS ARE TOO AGGRESSIVE SO NEED TO WAIT FOR THEM TO SLOW DOWN .
<< tactics >> If YPP (S1) functions as a support line, think of a long. The first limit is WePP (P) 0.6800 The second limit is WePP (R1) 0.68411 Since it is a weekend, be careful that WePP will update on Monday. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly...
as its last day of this week and world is not interested on this pair, not really that much money flow but i am willing to take this risk this trade is not that good like my nzdusd and eurusd. we can see clearly watch that this level (around 0.975554) reacted before it look like if market will push again mybe it will touch the top and come down again to form a...
Go long 1.Buy above .74400 2.Target is near resistance level of .74590 3.SL is low of bar next to pinbar candle which is .74350 4.Risk to reward is 50 to 190
Reason: Continuation of second leg as correction is gradual than impulse. Timeframe: Same as 1st leg of impulse move. i.e. 1 week