After a -8% downtrend from Aug 19 through todays currently traded prices, we can look at the well proven level of 0.85 as current support to be respected. This potentially could be the bottom we are waiting for for an entry, but we won't know any time soon. We are however looking for a long entry today, as the 0.85 continuously is subjected to being rejected...
Eurgbp - weekly - Price dips into a weekly demand level after falling off the cliff weeks ago.. its only right we get a decent pullback if not a reversal.. lets see how this goes!
Watch for the break-out after this messy correction
Good evening everyone on the chart I have shown my reasons why I got into this trade Lets se how this one plays out regards Kris www.mymentortv.com
Good afternoon so currently we are in a down trending market what I see is the following : - down trend - a bearish triangle / flag - market has been stalling on the line for a while : meaning a breakout will eventually occur My entry signals: - a break and close of the lower low : with retest then enter - a break south of the triangle stop will...