Hi Igrok,
hope you are doing fine with all the volatility around... guess better than ever...
One question regarding the forming of certain formations like diamonds... do you think/know whether they are formed because of psychological levels which act as support/resistance areas? Or do you think/know that they work because many people know about the formations itself.
BTW... today was a great diamond trade at USD/CHF H1... after the breakout happened I was very confident that price has go back in order to clarify how the right lower border really looks like... that was great fun ! Thanks for education !!!
hope you are doing fine with all the volatility around... guess better than ever...
One question regarding the forming of certain formations like diamonds... do you think/know whether they are formed because of psychological levels which act as support/resistance areas? Or do you think/know that they work because many people know about the formations itself.
BTW... today was a great diamond trade at USD/CHF H1... after the breakout happened I was very confident that price has go back in order to clarify how the right lower border really looks like... that was great fun ! Thanks for education !!!