DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. Don't miss a thing! The longer-term fundamentals are still bearish, however, due to the prolonged move down in terms. A few days to a few weeks.
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Trend traders are going to try to drive through this area. A sustained move over. Overcoming the Fib level at. A sustained move under. The next target is the main bottom at. If this fails then look for the selling to extend into the next uptrending Gann angle at. This is the last potential support angle before the. Basically, look for the downside pressure to resume on a trade through. Don't miss a thing! Discover what's moving the markets.
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DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors.
As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
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While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Close alert Thanks for following this author! Close alert You've unfollowed this author. You won't receive any more email notifications from this author. Long Trades Go long following some bullish price action on the H1 time frame immediately upon the next touch of 0. Put the stop loss 1 pip below the local swing low.