Posted August 9th, 2017.
Let’s spot possible trading opportunities using Ichimoku indicator. The price passed through the kumo and it gave us a signal of further downward movement. DMI confirms trend market conditions and strong downward movement. It is sell opportunity. We should use a breakout signal for entry the market. Place pending orders for sell at...
Posted August 5th, 2017.
The pair EURUSD reached 1.19000 for the first time in 2 years. This level can be a starting point for further downward movement. The daily chart gives us a bearish engulfing candlestick pattern confirming price reversal. Also if we switch to the weekly chart, we’ll see a shooting star which is also belong to reversal group of...