EURUSD Thoughts!
Taught by some trading legends! it pays on the weekend to view Line Charts (Close Price)
Price movement is more clear less the candles and assists in analyses of Pairs.
Using Nostromo_Pivots_V2 you can post the next week's Pivots. Thank you Nostromo.
With EURUSD Note:
1. Up Arrows and PA when Market Opens above WP
2. Dn Arrows - PA when Market Opens below WP
3. EW Probability?
4. Fib. Extension (Expansion)
a. I - II : ABC sharp correction followed by;
b. III - IV : Horizontal correction - symmetrical triangle - draw lines III-B-D (or B-D) & A-C-E
c. V : 1.618 Fib Expansion = R61
PA to be carefully watched especially with Wednesday USD News.
Visit: https://www.forexfactory.com/news.php?do=news&id=896894
Taught by some trading legends! it pays on the weekend to view Line Charts (Close Price)
Price movement is more clear less the candles and assists in analyses of Pairs.
Using Nostromo_Pivots_V2 you can post the next week's Pivots. Thank you Nostromo.
With EURUSD Note:
1. Up Arrows and PA when Market Opens above WP
2. Dn Arrows - PA when Market Opens below WP
3. EW Probability?
4. Fib. Extension (Expansion)
a. I - II : ABC sharp correction followed by;
b. III - IV : Horizontal correction - symmetrical triangle - draw lines III-B-D (or B-D) & A-C-E
c. V : 1.618 Fib Expansion = R61
PA to be carefully watched especially with Wednesday USD News.
Visit: https://www.forexfactory.com/news.php?do=news&id=896894
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