Money moves the market, not an indicator.
- Joined Apr 2018 | Status: Member | 1,730 Posts
Bullish over weekly pivot .70876 ?
looking for support at .70944 upside resistance .71102, target .71358 /517
Aud strength atm
All charts/ideas based on UK time zone
- Joined Apr 2018 | Status: Member | 1,730 Posts
{quote} Looks like it so far
Support held at .70944
New resistance .71303 but should meet 1st target at trend line
I think it can break this trend line lets see over the next few days
All charts/ideas based on UK time zone
- | Joined Dec 2016 | Status: Athlete(Shooting), Freelancer | 144 Posts
AUDCHF
Pattern: Bearish Rectangle
was formed on 04.04 at 16:38:23 (UTC+0)
According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.7108 – 0.7108 and upper border 0.7115 – 0.7115. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.
to err is human
- Joined Jul 2011 | Status: Member | 5,455 Posts
I notice something funny on the Weekly chart, every time the 10 EMA cross up the 20 EMA, price retraces
Well, except at #4, MA can't even cross
Could be making higher lows however
Well, except at #4, MA can't even cross
Could be making higher lows however
The two most powerful warriors are patience and time. Leo Tolstoy
