Disliked{quote} I hear you Kiwi. That SR (white line and 61.8) I have that's it now bouncing against is no small matter really. I've been tempted more than once to start building from here. If it goes up higher great, add more. Still undecided but I thought I might wait until some volatility comes along to see. It already tested the crap out of that TL and 50%. I'd like to see maybe a spike to the 200sma (green). Right now the 200ema (red) is choking it a bit.Ignored
But I do like how you use your fibs, lots of different ways, but each touch of tl I find good for guide only problem is get too many touchs get too many fibs, but I can still use then find where the confluence take the level then remove them keeps the chart clean
My 2 cents is trend has changed since 8th of May 4 solid days of selling, and bulls barely got a look in, they are either putting in a bottom now or fighting a losing battle and soon to be crushed time will tell
By the way I have been already been building since May open and very very pleased with pa so far best seen on monthly with last months low the key for now
If you are new to Forex? Say Goodbye to your account!!