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austinlmkc

Point of Equilibrium - Optimum Price Point - Test

Short
U.S. Dollar / Pound Sterling (FX_IDC:USDGBP)  
austinlmkc  
FX_IDC:USDGBP   U.S. Dollar / Pound Sterling
Trend Analysis Chart Patterns Beyond Technical Analysis Forex tradeidea
2
0
trendanalysis chartpattern beyondta forex tradeidea
Key Points:
  • Supply and Demand - Economics
    Equilibrium price point = Optimal Buy/Sell Point?
    Next support zone coincides with Take Profit Level
    Break of uptrend line
    Bottom uptrend line is not parallel with top uptrend line = Weak Uptrend?
    Wait till price reaches point (if it does)
    Look to create sell positions if Price shows strong resistance at level
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