We are presently in Correction wave B.
1. Previous Resistance has now become support as shown on the chart by the Moving average.
2. RSI has bounced twice previously at this point.
Happy Trading
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
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1. Previous Resistance has now become support as shown on the chart by the Moving average.
2. RSI has bounced twice previously at this point.
Happy Trading
-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
--------------------------------------
Comment:
Date should read as 27/05/18 $EURUSD Weekly Chart
