Like audusd
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It is a beautiful range sandwiched between Pivot Points.
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that WePP will be updated on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- <Legend> --------------------------
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that WePP will be updated on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- <Legend> --------------------------
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