Artistic View on this month EURUSD price action.
disclaimer: im a noob :p use at your own risk... im not a harmonics guy but im using the XABCD tool to get a reading on the rates.. this can provide some clues for levels of strong potential reversal :p
disclaimer: im a noob :p use at your own risk... im not a harmonics guy but im using the XABCD tool to get a reading on the rates.. this can provide some clues for levels of strong potential reversal :p
Comic Chart!!! episode 2 :p May day, may day!! The captain smoke to much weed!!
Comic Chart :D !!! the real reason the euro is crashing, smokin'to much pot!!! xD
disclaimer: im a newbie, use this information at your own risk!!! EURUSD holding position above 1.235 trendline, rsi is oversold up to monthly time frame showing a good signal to buy, i expect a rebound to 1.245 trendline were it might breakout towards 1.28 levels before resuming further down trend.
warning / disclaimer: Information in this chart is not meant to be used for a real life trade, as its purpose is to serve as a experience. just sharing as a personal thought experience that others might find interesting. the square might be a bit off, but i think its approximation might be good enough to create the projection.
Vectors are based on probabilistic field on the previous post. i believe this gives a better perspective towards what to expect of future markets movements.
projection points of interest for EURUSD recovery.
switched to a GANN grid over the fib wedge, results are mind boggling. ;) "the road to the stars is in ones heart and mind" - someone probably said it before, sounds catchy :p
Experimenting with this Technic, creating a probabilistic projection field using wedge arcs.
Projection Field using arc wedges.
Projection field grid using arc wedges. edit.. arcs are not the same as i have in my chart, need to repost ;)
Action zone for beginning of the month, if price action breach's 1.27 we might see a heavy retracement+extension of the main trend although right now seams unlikely. breach of 1.23 would confirm continuation of main trend.
Mr PacMan is hungry and it will eat all the yens it can :)
Expecting dollar growth, but a grim shadow lurking in the corner as the dollar leaves recession. (disclaimer: im not a trader by profession, and just started learning recently, take whatever i say with a grain of salt ;)) altho this does get tiresome to repeat @mods
for testing purposes only. manual adjust length and margin with fib values, smaller time frames/higher values gives better results. the fibs look very accurate.