Many methods are used. Some work, Many don't. The most important thing is to use our common sense to find out. Discard immediately, and never look back at those that do not work.
First, the Trendliners. They would not be playing because their fav lines are not present.
Next is the Demand & Supply aka Liquidity Zones player. I think they would prefer to wait a bit longer. Only if they look at the bond yield, their views might differ.
Then there are also those who like Fib retracement for the fav 50% is also near.
Finally, some like me prefer to use the D, plus a few other 'indicators'. Price is already showing a reaction now.
Let's discover what works, @ +/- 10 pips.
Good luck.
First, the Trendliners. They would not be playing because their fav lines are not present.
Next is the Demand & Supply aka Liquidity Zones player. I think they would prefer to wait a bit longer. Only if they look at the bond yield, their views might differ.
Then there are also those who like Fib retracement for the fav 50% is also near.
Finally, some like me prefer to use the D, plus a few other 'indicators'. Price is already showing a reaction now.
Let's discover what works, @ +/- 10 pips.
Good luck.
Note
Slow and steady as it rises.Let's hope for luck now - our job is done.
Good luck.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.