Thursday, 26 June 2014
FOREX CALCULATION
Did you read my last article. In the article I told you there was the likelihood that EURusd will retrace and i remember i also told you where to take profit just in case you went long. Anyway make sure you read the last article before reading the latest one. Now let's see what is happening. This Morning we will look at the 4Hr Time Frame to get a smaller Picture of what is happening.
In the chart above you will see that the price is pulling back to retest the trend line, it has already started retracing . So again we have to wait to see the reaction of the price aroung the trend line to know where we are going. So you need to be patient again. OH did i hear you say not again, oh yes you have to wait one more time.QED
Wishing you a profitable day.
Hope to see you at the NEXT LEVEL
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