My sights at movement EURUSD next week.
Last week EURUSD worked in a zone above a week bottom (1.23290) and has closed week neutral candles. Under indications of indicators ADX and Trend it is possible to assume, that next week EUR will open upwards and if will punch 1.29883 (76,4 Fib) without obstacles will go by 1.33182 (61,8 Fib). But in all this scheme there is one circumstance which can change a course of events. It is instability of an ascending trend of the beginning of correction last week. Definiteness on a trend upwards will come after transition of a beam of indicator High_Low v2 (ZigZag) from level A on level B (see the schedule). And certainly break the scheme the fundamental information can. Successes
Any contre-trend thing will burn the pocket
Dear Kenny Rogers. If you have mistrust ZIGZAG that you do not work as this indicator. Trade in the channel and there will be no questions. Successes
It is not about trust, it is about money. How do you do the stop? The channel will burn you at Eur/Jpy last thursday 30 min chart, you'll BE DEAD. So how do you get out of the situations?
Dear. EUR enters into last week March. The last week has passed on rise. On a situation on the week schedule, it is possible to assume that EUR and next week will continue movement upwards. This assumption indicators confirm all. However, if to look at schedule D EUR, there the picture is a little bit other and can change or detain movement EUR upwards. On day time schedule EUR double attempt is bought very up also to punch level 1.37438 (100 % FIBO) has not given results. Above MAX a point there was a signal of a turn, an inclination of the channel downwards. In view of it it is possible to make the assumption that next week EUR at the general ascending trend under the week schedule, can go under schedule D to correction to a level 1.34378 (76,4 FIBO). If will punch this level downwards that a way for EUR it is free to a level 1.32485 (61.8 FIBO). It is possible to expect deeper correction EUR after transition of indicator ZigZag in point MAX. Certainly, all assumptions on movement EUR next week can break fundamental information. Successes
EUR in April
Dear. There has come new for forex month April. We shall tell fortunes, that it will bring to traders.
EUR practically the floor of year could not punch support at a level 1.26630 (76.4 Fibo) and Moving 84 and has closed March on 1.32426. April EUR has opened between two Movings 50 and 84 and between two levels Fibo 61,8 and 76,4 on a mark 1.32426. In general, in March EUR worked on rise. Now we shall try to assume, that will be in April. New kneading EUR has opened with downturn, but indicators mark possible movement EUR in top. If it will be punched Fibo 61.8 EUR will go up to Fibo 50 - 1.38269 if will not punch 61.8 way EUR will be up to 76.4 - 1.26630. All good TP's in April. Yours faithfully
Dear traders. I think, that gbpusd have already reached a bottom and can go upwards. While up to 1.6545 ---23.6 Fibo. As you think. All of successes
Pardon. Mistake. Non EUR\USD right - GBP-USD