Sell testing 1.11329 SL- 20 pips TP- OPEN {image}
Trump uncle
- #109,991
- May 29, 2020 10:53am May 29, 2020 10:53am
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts | Online Now
My Theory Based on Daily
Folks, I was looking at this chart and thought to myself what if we just assume Covid-19 never happened? So I dimmed that part out and what was left is the last bearish drop from the beginnings of 2020.. Now if you measure how much price rose up for correction you will see that we actually arrived at fib 78.6 area.. that makes me think that this bull move might be over here around 1.1145/50.. Just food for thoughts.. Maybe it gives some useful ideas to our members here..
Stay Green
Folks, I was looking at this chart and thought to myself what if we just assume Covid-19 never happened? So I dimmed that part out and what was left is the last bearish drop from the beginnings of 2020.. Now if you measure how much price rose up for correction you will see that we actually arrived at fib 78.6 area.. that makes me think that this bull move might be over here around 1.1145/50.. Just food for thoughts.. Maybe it gives some useful ideas to our members here..
Stay Green
Focus only on what truly matters!
My Theory Based on Daily Folks, I was looking at this chart and thought to myself what if we just assume Covid-19 never happened? So I dimmed that part out and what was left is the last bearish drop from the beginnings of 2020.. Now if you measure how much price rose up for correction you will see that we actually arrived at fib 78.6 area.. that makes me think that this bull move might be over here around 1.1145/50.. Just food for thoughts.. Maybe it gives some useful ideas to our members here..
My Theory Based on Daily Folks, I was looking at this chart and thought to myself what if we just assume Covid-19 never happened? So I dimmed that part out and what was left is the last bearish drop from the beginnings of 2020.. Now if you measure how much price rose up for correction you will see that we actually arrived at fib 78.6 area.. that makes me think that this bull move might be over here around 1.1145/50.. Just food for thoughts.. Maybe it gives some useful ideas to our members here..
- #109,995
- May 29, 2020 12:15pm May 29, 2020 12:15pm
My Theory Based on Daily Folks, I was looking at this chart and thought to myself what if we just assume Covid-19 never happened? So I dimmed that part out and what was left is the last bearish drop from the beginnings of 2020.. Now if you measure how much price rose up for correction you will see that we actually arrived at fib 78.6 area.. that makes me think that this bull move might be over here around 1.1145/50.. Just food for thoughts.. Maybe it gives some useful ideas to our members here..
- #109,996
- May 29, 2020 12:20pm May 29, 2020 12:20pm
- Joined May 2014 | Status: Full Time Trader | 27,131 Posts | Online Now
{quote} Thanks Ata! Have a great weekend.
{quote} An interesting theory and well said! Thanks, Ata. Have a great and happy weekend to you and everyone. I have been out from the market with +40 earned by a short from 1.1135 to 1.1095
I wish and pray for a world with peace and NO RACISM!
Stay Green
Focus only on what truly matters!
