It seems that the green line holds the price from falling downwards, which could be an opportunity since the price is still within the range of cypher pattern. A slight fall below this line there are a shark, 5-0 and three-drives pattern where they will probably bring the price upwards, but I am neutral on this pair until the price moves away from it, besides, another green line is getting closer.
Using proper stop loss and trend lines might be helpful. Good luck traders and have a nice day.
Using proper stop loss and trend lines might be helpful. Good luck traders and have a nice day.
Comment:
Comment:
Today's speculation
The fifth wave is supposed to be there if the third wave is assumed to be at that level.
I have no more idea. Trade safely
Today's speculation
The fifth wave is supposed to be there if the third wave is assumed to be at that level.
I have no more idea. Trade safely
Comment:
Stop-losses have been hit many times. I have lost in this trade.
Have a nice weekend
Have a nice weekend