NOTE: For the greatest accuracy, at the beginning of each month I will make a parallel analysis between the charts of 1 week and 1 month!
As I said last week...as I said last week, EJ reached 128,200, from where it strongly rejected ...
Starting last week, a new Fibonacci downtrend was formed on the 1-day chart with the Fibonacci level 618 at 129,700 ... from where I think it will reject again and will go down to 127,200 (see the round area) where ... UP AGAIN!
However, a 1-day close above 129,700 opens the BUY area again for at least 100-150 pips!
THIS WEEK...exactly as I said, EJ closed above 129700 and has already made 70 pips!
Even if EJ will test the 130,600 area again, I will continue to bet on SELL because the 1-month candle closed under a very strong resistance from 130,100.
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GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
As I said last week...as I said last week, EJ reached 128,200, from where it strongly rejected ...
Starting last week, a new Fibonacci downtrend was formed on the 1-day chart with the Fibonacci level 618 at 129,700 ... from where I think it will reject again and will go down to 127,200 (see the round area) where ... UP AGAIN!
However, a 1-day close above 129,700 opens the BUY area again for at least 100-150 pips!
THIS WEEK...exactly as I said, EJ closed above 129700 and has already made 70 pips!
Even if EJ will test the 130,600 area again, I will continue to bet on SELL because the 1-month candle closed under a very strong resistance from 130,100.
Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.