3 It did not work. Slightly change the system.
price is now at the support zone…one more candle can signal the move as bullish!
can you please analyse your thought?
I will place a short/sell position at 130 as the charts show that the pair is to move lower down to 127 within the next 488 hrs.
May the peeps be with me
*** 48 hours
The pair is going bananas today again although I feel it is going to drop,as soon as the European session begins.
Hello Marbo
Well, I actually analyze the candles/price/charts and it is called PA…
You can see that the price is consolidating after the bearish trend.
Now look at the last candle, it opened above the close of the previous candle and it should be closed above from the previous candle to give a bullish signal.But this will not enough to take a long position. I need to see the next candle and if that keeps the present trend (formed by the last tow candles-up trend), I will enter a long position…
Remember, i am a short term trader and I like/analyze the 4H charts:
Thank you very much for your reply dollar euro
The pair is as much unpredictable as the EURO/USD these days…
Agree with you!
Went long at 131,10 and took profits at 131,90
Let’s see what happens on Sunday night since the 4 hrs candles are rather confusing as to the further direction.
Possible price movement to 131,50 and then sell off?
It is not predictable anymore…
Just observe past week…
Have a nice weekend