EURUSD on Jan 2019 flowThis overview period included from October 2018 till December 2018, and setup of buy/sell for Jan 2019.
couldn't expect how the market decide to make trend or it keeps to range.
Note Breakdown,
1. all level marked was based on round off number of Gann Square of 9 that can act as Support/Resistance level. (this is my new study or so call roaming around in the world of trading as to gain much knowledge as I could)
2. From early October till 16/17th October 2018, price level 1.161 act as Major Resistance (I'll named it as R1 on summary of this idea)
3. Highest Price from 7th Nov' 2018 = 1.149(R2), the market respected this level as Resistance till December 2018
4. Price Level between 1.123 1.121 act as Major Support Zone that was formed on 12-13th Nov 2018
5. on 5th note was written already on the blue box with the quote " this blue box represent highest and lowest level
of December Price Action. Price rounded by using
Gann Square of 9 "
SUMMARY (The Buy/Sell Setup)
1. I can't confirm how the market gonna move but I'll put on short with 80% because level of 1.146 was resistance and if it was not continuation trend, it still valid on short, since that the market as nice peak and long setup 20% because I took 1.149 as buy conformation and wait it rally and if there is any wave of bullish then will looking forward if it raise up till R1.
2.
R1 (major resistance - 1.161)
R2 (minor resistance - 1.149)
S2 (minor support - 1.128)
S1 (major support "area" - 1.123 1.121)
Happy weekend and Happy new year Traders, may all the loss we've been facing always be the our motivation to build up more confidence on each every single trade we placed. May 2019 will be a good year to those who reading this idea. Wish you all the best ^^/ . Ouh and feel free to share your idea too :)
