Most volumes tools won't show you this. If this were natural occurring market volume . We would not see perfectly spaced volume peaks. On average I see peaks every 5 to 6 candles. Ie: 4 hr chart will give you a peak every 5th or 20 hrs. This of course varies depending on the time frame and chart. Each product (forex, stock etc ) will be manipulated to some...
it looks like if eurusd was bouncing on the daily level. Let's see what happens.
We are still watching the E6 closely. There was a false move on Friday. Could this have been the first pump before running? If they push it down Monday or Tuesday the weak longs will get squeezed and bail on their trades. Best to wait for a close outside of the wedge before looking for a trigger.
I have always studied and monitored price action against Fibo levels and providing the markets trend and do not reverse the myth of Fibonacci works for me... Here is a daily chart showing the recently completed ABCD pattern...A - B boundary completed and a C shallow pullback correction formed. This offered an extension target at the 1.618% (1.24978)...notice how...