Posted August 16th, 2017.
The price bounced from the kumo and the downtrend line. RSI confirmed price reversal. DMI shows trend market conditions and allows trading. We have sell opportunity. Place pending orders below the local swing low. Stop orders must be above 1.26530 level. Profit targets should be at the support levels. The previous pending orders for buy...
Posted August 8th, 2017.
The price is going to reverse from the kumo and Tenkan line. DMI confirms trend market conditions and allows trading. We have a buy opportunity. Entry level for long trades can be above the high of the previous candle. If the market passes this level, we’ll get confirmation of price reversal and further upward movement. Stop orders...