Dear DiaryTrading readers-
Remember my post at 17 september 2015? It's about bouncing candlestick in EUR/USD.
Yeah, check this picture
Today after I'm breakfast I make a cup of tea.
Then while enjoying my meals I read the candle..
Hmm well it's bounce, but the candle still near in 61.8 blue fibonacci, so I think it's 75% potentials to bounce up again, or it will break down..
If it's break the fibonacci, it doesn't mean that the trend will reversal down. Depending how long candle sticks and how much power that candlestick have to make a big changes.
For me as daily time frame users, better for wait until eur/usd break blue fibonacci 100.
See you next post by click here.
Remember my post at 17 september 2015? It's about bouncing candlestick in EUR/USD.
Yeah, check this picture
Today after I'm breakfast I make a cup of tea.
Then while enjoying my meals I read the candle..
Hmm well it's bounce, but the candle still near in 61.8 blue fibonacci, so I think it's 75% potentials to bounce up again, or it will break down..
If it's break the fibonacci, it doesn't mean that the trend will reversal down. Depending how long candle sticks and how much power that candlestick have to make a big changes.
For me as daily time frame users, better for wait until eur/usd break blue fibonacci 100.
See you next post by click here.
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