EURUSD Market Outlook-23 Dec 2018
Here is a different market outlook for EURUSD using EFW Analytics. When you are using EFW Analytics, two crossing channels can help your trading immensely. Constructing crossing channels are really simple. Here are the two simple steps.
Here is a different market outlook for EURUSD using EFW Analytics. When you are using EFW Analytics, two crossing channels can help your trading immensely. Constructing crossing channels are really simple. Here are the two simple steps.
- look for the first channel with high rating in EFW Analytics
- look for the second channel with the angle between first and second channel should be greater than 45 degree
In EURUSD, I have constructed simple crossing channel. It is easy to recognize that EURUSD is just made a test on resistance level (upper level of channel 1). Channel 2 provides the expansion where it act as a support now. As you can see, this is not a rocket science but effective practical application.
For your information, version 9.3 of Equilibrium Fractal Wave Analytics are released and ready to download. Make sure that to download version 9.3 to use EC Rating as your decision metric for your trading.
https://www.mql5.com/en/market/product/27702
https://www.mql5.com/en/market/product/27703
https://algotrading-investment.com/p...ave-analytics/