SerialFXTrader

SerialFXTrader

The next price to look out for aftre the structure break is the next resistance area

SerialFXTrader

dax on positive territory having broken inner descending chanel resistance nearing and approching secendo major resitance or najor chanel technical risk is to be taken here or atleast for how the price will react when it gets to resistance level

SerialFXTrader

Any drop from here indicated by bearish reversal vix traders may expect it to nose dive ,if you are on stock indices (us30,us500,us100 and dax 30 ) go long for bullish reversal pattern as the stock have almost negative 90% correlattion stocks always tops when vix bottom and bottom when vix tops this instrument as an indicator is being used by institution and...

SerialFXTrader

any break below the support without price action falling you may consider it null and void until further analysis ,stay tuned

SerialFXTrader

Rising Wedge has broken through the support line at 11-Apr-08:00. Possible bearish price movement forecast for the next 6 hours towards 165.0856.

SerialFXTrader

look for selling opportunity after bearish engulfing pattern

SerialFXTrader

If WE ARE GOING TO RESPECT THE RULE "'ride with a trend " With price price aproaching the bottom of the rising chanel wait for it to bounce off the floor looking for bullish reversal candle stick pattern RR1:3

SerialFXTrader

Look out for bullish reversal candlestick pattern firtst level top down approach way your entry at 5 minutes risk reward ratio 1:3

SerialFXTrader

buy as other major pairs have bought against us dollar