singleboyin's Blog

Avatar

Price action

Chart 1:- Monthly
Chart 2:- Weekly
This pair just broke the resistance of 1.6312and expected to test the next resistance of 1.6736.but after a correction.
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz
Avatar

The accumulation will continue

This pair has made a symmetrical triangle in monthly chart(image -1) and price breakdown of the triangle at 1.56 level.and price retested the level after 8th and 9th candle in 2 weekly chart(see image 2), which also the 38.2% retracement level of short term pull back.but its holding the 78.6% retracement at 1.5129 for long. Expecting price to roam around and hold 78.6% level for next 7 to 8 weeks.but any close of 2 candle below 78.6% level in 2 weeks chart,expect 1.435 and and 1.22 in near years…
Czytaj więcej
Przetłumacz na Angielski Pokaż oryginał
VTTG avatar
VTTG 11 Wrz

Very useful, I like it

lubZostaw komentarz