Sunday, 6 September 2015

Undecided

Dear diary trading, I want to open position in eur/usd tomorrow.

So I open my MT4 software.

Then I see the picture from the last closing price.

undecided












What will I do with the picture, let me
think.

My major fibonacci here is blue, then the minor is yellow.

When I saw the candlestick have been release from psychological effect (from blue fibonacci) but, the problem is the closing price isn't break 50 fibonacci.

I should waiting the opening price until half day tomorrow for better decision.

But if I think it may be down trend. The closing price could be false signal. I hope my analyze is true. If it true I'll open sell position and set target profit in between 23.6 & 38.2 fibonacci.

See you next post

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