Hi, can you explain me the meaning of (W)PP, (W)S1, (M)PP please? which is the target?
TheAnonymousBanker
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Pivot Point (Weekly, Monthly,...)
Pinin675
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ok clear...
TheAnonymousBanker
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...nice swing! :)
Gweedy
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Got similar things happening on the AUDNZD! :)
sidhgenius
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i think it will go upto .07568
AbdullahArslan
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yeah
I see the same thing but it could be around .07540-.07560
Also divergence is there on macd h4 chart
Gweedy
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why?
AbdullahArslan
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In my view It will have a retreat because macd, rsi and momentum give divergence on h4 chart. and there is a strong resistance around that point. Buyers will try to broke it.
I may wrong, cause I am just a new trader :/