Dear DiaryTrading readers-
After I check EUR/USD candlestick, now I wanna see the USD/JPY.
Still in daily time frame, because I love it.
Check it out the graphic
Remember my post about side ways some day ago? If you forget you can click here
Okay from the new graph today, I mark it as red square. It's the price today still in the square position, means still in stagnant zone. Then look my resistance (R) and Support (S) line. The candlestick still bounce inside 2 lines. Means it's still in side ways zone (for daily time frame). It still not good to open new position. Better to wait until it break R or S line.
See you next post.
After I check EUR/USD candlestick, now I wanna see the USD/JPY.
Still in daily time frame, because I love it.
Check it out the graphic
Remember my post about side ways some day ago? If you forget you can click here
Okay from the new graph today, I mark it as red square. It's the price today still in the square position, means still in stagnant zone. Then look my resistance (R) and Support (S) line. The candlestick still bounce inside 2 lines. Means it's still in side ways zone (for daily time frame). It still not good to open new position. Better to wait until it break R or S line.
See you next post.
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