made a few mistakes entering a trade straight from waking up, but think itll come back down from the 1790s, possibly to even 1758, if not today some point this week potentially. let me know what you think.
This pair is pushing down currently towards a level of structure that has been tested multiple times. The Monthly Support Zone(brown) is likely to provide some type of bounce out of this market. Because of that, this is an area that I will be looking at for possible long opportunities when price gets to this zone throughout this week.
Monthly Support Zone-...
Hi, I’m very new to this and still learning so any feedback is accepted.
Do you think this is a potential bullish or bearish pattern?
I personally think it’s going to come back to the support line, (previously a resistance line) and bounce to the resistance at the top of the channel.
Please please comment let me know your ideas or if I’m doing something...
You can see our purple arrows point out where price has been used as resistance and orange arrow are where price has been used as support.... it really is that simple!
If you can find these levels on a chart you WILL make money in the market... if not then there really is no hope!
The big boys and the government have purposely put information out there to make...
Cup And Handle Being formed on the Day Chart and 4H time frame, price is now consolidating and looking for price to head for the highs, looking for price to stay above 80.500 as it it currently being respected for price to move to OB at 91.900
USDCHF has broken its trend line and now retesting the trend , As the dollar weakens looking for price to proceed lower, 200 and 50 EMA has crossed on the 1h, 45, and 30m Time Frame
EURGBP has hit the bottom of its channel if price breaks above 0.8387 we could see it heading to 0.84448, Alternatively if sellers take control price could fall to as low as 0.82466
