OxMrNobody
I have noticed that after large timeframe candles, such as weekly ones, with high volumes, we usually trade them as a range on smaller timeframes. • This is something I use in 80% of my analyses, so I consider and feel that I understand it well. Having said that, and assuming that we have set the weekly lows, I take the last weekly candle and treat it as a...
Last bounce before dark We obviously have a price action which broke the trend line. Over this trend line, a lot of stop loses waiting. Our goal is to reach again the 0,82 price and maybe we ll see a weak over this price . i choose 0,82 I choose 0,82 because it’s in the range .we may have a little stop at 0,75 which is the middle of the range Invalidation...
It s going for a break. Its time for liquidities. Lets see...
We can see clearly the retest and if its not a fake one, we probably gonna test 28100 soon. otherwise we are going up to 32000. Maybe the time has come.