EURUSD - Trends, Forecasts and Implications (Part 1) - page 357
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Great. Anyone else have any opinions on reaching the 1.50 level?
I do not play this kind of chatter on the 50/50 pair, but I think the upside inclination is higher all the same on the upside
I don't play 50/50 in this kind of turbulence, but I think the upside bias is higher all the way up.
The rising tendency is due to the afternoon chart, the declining tendency is due to H4, but H1, even though it is turned upwards, but it is more in the balance zone
I don't like the fact that it's in a narrow range doing all this, as if before the shot, you have to go through tomorrow's news.
Oil keeps hitting new highs.
There is still a weekly chart, so it has been in the falling zone for a long time, so the probability of growth is insignificant, within three days the probability of downward movement will increase and determine completely...
And the daily chart is coming to the pivot point, so it turns out that the further growth is due to small bounces on H1...
I don't like the fact that it's in a narrow range doing all this, as if before the shot, you have to go through tomorrow's news.
Oil keeps hitting new highs.
The narrow range is caused by the consolidation point 1.4856 or something like that, but this level is somewhere and that is the reason why all these fluctuations are preparing for the sharp downwards move - when all the points reach the saturation point, there will be a movement in the opposite direction.
Is there anyone here who works with weekly scale positions, not intraday?
Playing with one TF is just a game of nerves...the correct way to recognise the patterns and compare them all is the right trading strategy...because almost always higher TF confirms lower TF and helps to understand the subsequent fluctuations in the lower TF
The Elliott Wave specialist is away... he'll tell you when he gets here...
Can you give me a book on Eliot's waves, I tried to read it six months ago but I'm having a hard time with it. Maybe I'll try reading it again.
Oh madam, you can't just read Elliot, you need extra lessons with a teacher 8)))))