1. Very strong confluence of time, price and momentum. Price was rejected at this angle.
a. This is also the end/beginning of a new Gann time cycle.
b. Clear divergence on the RSI.
2. Price rejected at this strong angle.
3. VAP shows weak volume.
We had a strong push on the EURUSD pair during the US Thanksgiving holiday. Volume was naturally weak and as is common during these major holidays. What is also common is direction is usually one way: either ranging or trending up/down with no competing direction.
a. This is also the end/beginning of a new Gann time cycle.
b. Clear divergence on the RSI.
2. Price rejected at this strong angle.
3. VAP shows weak volume.
We had a strong push on the EURUSD pair during the US Thanksgiving holiday. Volume was naturally weak and as is common during these major holidays. What is also common is direction is usually one way: either ranging or trending up/down with no competing direction.
Not
Divergence playing out nicely, rejection at this resistance area and angle in time. Not
Continuing downslide momentum, watching for action at next angle. Not
Highlighted box area is a confluence of time, price and momentum. I anticipate a move to the 1.179 area with a bounce back to the 1.1825 and then further down. Not
After the false ABC news report and tax passage, I anticipate significant downside this week, greater than 200 pips.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.