GBPUSD Validation Analysis 06012020-06052020
تم تحديثه
06/01/2020 10:05
Starting my markups on the Daily, I begin to mark key areas, support and resistance, and other structured areas that can potentially aid in predicting the markets movement.
Which in favor will form the ' House ' that I'm looking for. Yellow line @1.35269 will be interpreted as our ' Attic ' or Resistance. Yellow line @1.14029 we'll interpret as our ' Basement'
or Support. The Yellow Dotted lines @1.20927 - @1.26075 will be my ' Living area ' or Ranges. The importance of the ' Living Area ', is to track and predict the potential market
direction. But we must also be aware of the timeframes being that right now we are looking on the Daily. Nonetheless the moves I'm looking for positions at, are already marked with
the price range; Long position( 916 pips) and Short position( 690). Also the pip difference between the range areas are 503.
Starting my markups on the Daily, I begin to mark key areas, support and resistance, and other structured areas that can potentially aid in predicting the markets movement.
Which in favor will form the ' House ' that I'm looking for. Yellow line @1.35269 will be interpreted as our ' Attic ' or Resistance. Yellow line @1.14029 we'll interpret as our ' Basement'
or Support. The Yellow Dotted lines @1.20927 - @1.26075 will be my ' Living area ' or Ranges. The importance of the ' Living Area ', is to track and predict the potential market
direction. But we must also be aware of the timeframes being that right now we are looking on the Daily. Nonetheless the moves I'm looking for positions at, are already marked with
the price range; Long position( 916 pips) and Short position( 690). Also the pip difference between the range areas are 503.
ملاحظة
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I had placed a long position, sometime around 3:00 AM. Working off the smaller timeframes. Currently in profit.
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