Dmitry Zmitrovich / Blog
New versions of my indicators have successfully passed moderation and are now available in store. Indicators have undergone substantial revision. The main innovation was the emergence of a new type of channels to display Pivot Channels and lines "TD lines...
Since the last publication of the overview on EURUSD on Weekly and daily time-frame, the situation has not changed fundamentally. Still opened strong channel with the direction of down. Let's look at the current picture detail and define trends on a smaller scale...
On M5 downward movement was stopped. New channel is open...
On H1 and M30 was opened channel indicating the downward direction. On D1 and H4 situation has not changed...
On H1 was closed channel that defined corrective movement upwards. It was closed as a simple channel...
Morning on H1, M30 opened child channel with the direction of down...
On D1 opened strong channel down. Channel, which defined downward movement on Thursday and Friday on H1 and H4, will be closed on the new channel H1...
On D1 is open strong channel to down. On H4 and H1 is open i child channel in direction to down...
Situation from yesterday remains the same. New channels are not formed...
So, a pair will be a breakthrough channel, which indicates the desire to move up...