ความคิดเห็น:
ความคิดเห็น:
ความคิดเห็น:
การซื้อขายยังคงดำเนินอยู่:
I have opened a position as above.
I have opened a position as above.
ความคิดเห็น:
If price retract toward the 1.51250 or fails to break the blue level (0.786 Fib) it would be a concern to my position.
การซื้อขายยังคงดำเนินอยู่:
The support level 0.49000 should also be watched for signs of double bottoms or head and shoulder reversal signals, if this fails, a further move would be expected.
การซื้อขายยังคงดำเนินอยู่:
Despite price being in a current bearish trend channel (green bounded), it is a minor channel for the major channel (blue bounded) and thus its support should be watched for signs of giving support
ความคิดเห็น:
ความคิดเห็น:
On the daily chart, bullish retracement is still low to approve for the complete reversal of my position. This is due to the very strong bearish engulfing candle on Thursday last week. Although I will keep an eye on how this plays out.
On the daily chart, bullish retracement is still low to approve for the complete reversal of my position. This is due to the very strong bearish engulfing candle on Thursday last week. Although I will keep an eye on how this plays out.
ความคิดเห็น:
Price has kept on being rejected at 0.51000 psychological level.
Price has kept on being rejected at 0.51000 psychological level.
ความคิดเห็น:
A Head and Shoulder pattern might be in formation on the EURCAD
A Head and Shoulder pattern might be in formation on the EURCAD
ความคิดเห็น:
I have decided to stay on the side line because the right shoulder has been overly extended to imply the there is still a huge un decision.
I have decided to stay on the side line because the right shoulder has been overly extended to imply the there is still a huge un decision.
การซื้อขายยังคงดำเนินอยู่:
In my opinion, the Head and shoulder pattern has failed as the right shoulder has been over extended. Thus price is confined in a channel. Currently the Fib level 0.786 is my bearish signal if breached and 0.61 for bullish signal.
In my opinion, the Head and shoulder pattern has failed as the right shoulder has been over extended. Thus price is confined in a channel. Currently the Fib level 0.786 is my bearish signal if breached and 0.61 for bullish signal.
ความคิดเห็น:
ความคิดเห็น:
Despite on being rejected, price has kept on being rejected at the channel resistance, and thus not truly broken the rectangle yet.
ความคิดเห็น:
Price breached the channel resistance and paused at 0.52019 resistance level making a retracement and now heading to the level.
Price breached the channel resistance and paused at 0.52019 resistance level making a retracement and now heading to the level.