FOREX - Trends, Forecasts and Implications (Episode 16: June 2012) - page 369
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And the picture is a fractal analysis on H1 for Euro and there are levels after breakdown of which there will be something or other.
and there will be preconditions to form either an ascending structure or a descending one.
I know that in 90% of cases it works buy or sell first takeoffs if the price breaks through
to trade.
No need to make excuses, you wrote down we'll go down and you'll see... no )))))) we may bounce back down soon, I got my order 26333 ))))
2633 I made a stop, it's more promising, though it's more likely to hit me.
i'm on the fence till the next hour, i have a hunch that the direction will change.... i have no cat, i took it to the country for the summer ))))) so we'll see
now watching developments
Euro/Dollar important levels are: 1.2743, 1.2712, 1.2643, 1.2604, 1.2527, 1.2504, 1.2476, 1.2409 и 1.2355. Here, in spite of the pronounced upward movement, we don't yet see the initial conditions for the upward cycle. Short term upward movement is expected in the range of 1.2604-1.2643, breakdown of the last one must be followed by pronounced upward movement, here the target is 1.2712. Potential value for the upside, we consider level 1.2743, upon the achievement of which we expect consolidation. Short-term downward movement in the range 1.2527-1.2504, breakdown of the last one will trigger the deep move, here target is 1.2476, here target is high probability of reversal to the top, its breakdown will be suitable for continuation of the downtrend of June 18, here target is 1.2409.
Trading recommendations:
Buy: 1.2605 Take profit: 1.2640 worked out
Buy: 1.2645 Take profit: 1.2710
Sell: 1.2525 Take profit: 1.2505
Sell: 1.2502 Take profit: 1.2474
now watching developments
Euro/Dollar important levels are: 1.2743, 1.2712, 1.2643, 1.2604, 1.2527, 1.2504, 1.2476, 1.2409 and 1.2355. Here, in spite of the pronounced upward movement, we do not yet see the initial conditions for an upward cycle. Short term upward movement is expected in the range of 1.2604-1.2643, breakdown of the last one must be followed by pronounced upward movement, here the target is 1.2712. Potential value for the upside, we consider level 1.2743, upon the achievement of which we expect consolidation. Short term downside movement is possible in the range between 1.2527 -1.2504, breakdown of the last one will lead to a deeper move, here target is 1.2476, here target is high probability of reversal to the top, its breakdown will be suitable for continuation of the downtrend of June 18, here target is 1.2409.
Trading recommendations:
Buy: 1.2605 Take profit: 1.2640 worked out
Buy: 1.2645 Take profit: 1.2710
Sell: 1.2525 Take profit: 1.2505
Sell: 1.2502 Take profit: 1.2474
and 2643 is broken through-\
I'm on the fence till the next hour, I have a feeling there will be a change of direction .... ah no cat, took away to the cottage for the whole summer ))))) well, we'll see
and the cat is a better predictor of market movements than I am:)))
No way, my cat is a genius )))) maybe we will get to 27468, then it may go higher, in general I do not interfere, I will wait