Prior to my last post, My prediction for what was going to happen to EUR/USD led me and my client in over 40+ pips of profit 👍 EUR/USD hit previous Fibonacci retracement support which led it to have a strong impulse up to its Resistance (Take profit) due to previous Impulses and Retracements occuring on the chart 💯 If you do want to learn my strategy of how i...
I've tried my best to analyse this chart as much as i can so all of you, no matter of your trading ability, can understand 💯 So what i used was the Fibonacci Retracement tool to give me a good support and resistance line to use as i noticed there was strong impulses (Strong moves) going up then once after the impulses a retracement (Pull back) was occurring...
EUR/USD has hit previous resistance levels so if you do want to buy the currency pair now would be the best time. Trade Smart, Trade Safe
Due to the current news where Boris Johnson stated the UK lockdown will still be activate i believe the value of the pound will decrease Causing the EUR/GBP chart to hit its current Resistance and potentially break above it, Wait for confirmation that the trend will become bullish before entering. Trade Smart, Trade Safe
As expected from my last post, Head and Shoulders pattern appeared and made me and my clients lots of profit. Trade Smart, Trade Safe
Head and shoulders pattern forming which could likely indicate a sell