Alright, thanks for taking a look at that, is good to know that my thinking is right. Do you suggest using this high at 1.6180 because this bar was immediately followed by some strong downward bars, (i.e. it was just before a strong reaction point) or is there another reason? (ratio of middle of...
OK, chart attached. As I see it the 'middle' of the potential butterfly is close to 0.618 resistance from A (where the red line starts on the top left) to B. There seems to be a fair bit of resistance recently to move above 1.61815 (marked with grey continuous horizontal line). Price is...
HI Sive, thanks again for you great analysis. I'm wondering whether you have an opinion on GBP/USD at the moment. I am trying to learn from what you share with us and am looking out for the various patterns. So i have had a look at the GBP/USD 4hr chart and am wondering whether ther could be a...
Thanks
Hey Sive just wanted to say thanks for your insights. I've done alright out of the EUR, CHF AND NZD trades so far, and have learned a lot just watching a few of your videos. So big thanks!!!:)
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