Whenever the market breaks up down the 3-day lows, as it did on Friday, the expectation is that price would move to the extended low the next day before reversing back towards the break....whether it...
Type: Posts; User: jeoxpkmu
Whenever the market breaks up down the 3-day lows, as it did on Friday, the expectation is that price would move to the extended low the next day before reversing back towards the break....whether it...
Cable bounced off January lows and is going upwards towards February 50% levels....
Breakout of this 3-day range on Thursday, rising upwards from the 5-day 50% level...
Breakout of this...
GBP moving down into Weekly lows on Monday....
Once more resistance round the 43 pip high during the down move
Tuesday's trading anticipation:- price is heading towards Tuesday's lows @...
GBP trend stays down described that the Weekly 50% level....any further weakness that this feeble and anticipation price heading down towards the Weekly lows and then the January lows....
The...
If trading longs off service seem to partial depart around 32-43 pips off the swing lows, with stops only below the lows, and maintain.... Tonight's article....
Yesterday was roughly...
This Week GBP has had an UP prejudice with a lot of turning going on....
Each day has been supported across the 5-day 50% amounts and climbing upwards to the daily highs, and then reverseing...
GBP tested support 5-day 50% level 1.9672 and currently rising....
Expectation that price is heading towards Friday's highs...
But intra-day resistance is about 1.9715-1.9726
Hence...
Short-term:- UP bias during this Weekly interval...
Support 5-day 50% amount @ 1.9672
Resistance Friday highs @ 1.9805
https://www.nigeriaforextrading.com/attachments/1519362711256666140.png
My first trade yesterday is emphasized (green circle) and the semi leaves along the way...
After I got stopped out in entry price, I didn't trade (sleeping), however the breakout about the...
GBP moved to a weathered consolidating pattern around the 5-day 50 percent level, but eventually awakened into Wednesday'd high's and flipped back down to the 5-day 50% degree once again....
...
GBP/USD continuing higher and moving above the Tuesday breakout...
Next partial exit is 1.9653 (moving to 90 pips from swing highs raised risk)
and then holding last lot into Wednesday...
GBP climbing above the 5-day 50 percent degree and heading back towards Tuesday#8217;s breakout of 1.96390#8230;
that I have no clue how things will re-act about yesterday#8217;s breakout, but...
Friday's pattern of a reversal from the swing lows to the 5-day 50% degree is a pattern which frequently occurs within the Weekly timeframe.
The 5-day 50% level is a fad manual for the Weekly...
As my last article, EUR has lasted down as part of the 2-day stall change, and together with all the breakout of the lows @ 1.4685
target 1.4625 Weekly 50% level:- high risk to be trading...
I've re-started this thread beneath
GBP-USD higher interval analysis
from the Currency Market conversation thread....
...
Hi my Name is ilernia, I am a Sydney based trader.
I revisit global markets utilizing quite a few Timeframes, identfy tendencies and then wait for the greatest probable pattern throughout the...
Hello my Name is ilernia, I'm a Sydney based trader.
I revisit global markets using quite a few Timeframes, identfy trends and wait for the greatest probable pattern during the trading week. ....