EURGBP wHAT TO DO?

26 Kas 2017

Price is pointing to that "bird in the bush" just like a good hunting dog. Can you see it?
Perhaps an additional chart of Support and Resistance will help...



See it now? Happy New Year 2018! Don't say I never gave you anything!

27 Kas 2017

Not

A close-up view... why dooes the price track on the GREEN Lines? Is this Support and Resistance in a different form (from horizontal)?



Yes, it is. And although each green line has a differing ANGLE, price tracks each green line towards the focal point. This is the essence of my "Occams Razor" trading system; It is SIMPLE, Simple, simple! All prices point to where it wants to go; simply combine all angles and they intersect at one point in the future.