Thread: Drawing correct resistance and support-lines

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thank you for bringing the GJ pair to my attention, made some additional pips....


mARK

Originally Posted by ;

,

thank you for bringing the GJ pair to my attention, made some extra pips....


MARK

Your welcome, hope we can nevertheless can enjoy more favorable pips in the upcoming

Example how profitable descending triangles can be;

Edit: This pattern is valid right away when candle is confirmed out of it

I'm gonna add more positions if this particular break.

Originally Posted by ;

I'm gonna add more positions if this particular break.

Break already looks like ur 4hr fibo 50 is not much frm now. But for me personally my fibo 50 is 207.80.

GO! Horse move!





Yuna

Originally Posted by ;

Break appears like ur 4hr fibo 50 is not far frm now. But for me my fibo 50 is 207.80.

GO! Wild horse move!





Yuna

Break indeed. Can't see from what best you've drawn on your fib from.

Let's ride

Originally Posted by ;

Break really. Can't see from what top you've drawn your fib from.

Let us ride

my top is a bit lower then urs



Yuna

Originally Posted by ;

my shirt is a bit lower then urs



Yuna

make certain to lock profit, this may turn around fast!

Also want usdjpy to split 104.10, double tops from 1h and down. If this is so, I reckon longs should be secure for the time being.

Originally Posted by ;

Make sure to lock in profit, this may turn around quickly!

Yea, I close half of my positions and change sl to BE when I saw price stalls at fibo 50.

testing fibo 50 again. , is it considered a round off bullish engulfing??



Yuna