This is the thread to upload market condition images with the description about.
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This is the thread to upload market condition images with the description about.
This is the market condition for EURUSD for now.
H4 timeframe - flat with primary bearish. Resistance levels for the price to go up are 1.3018 and 1.3024. Resistance levels for downtrend are 1.2999 and 1.2977
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This is very interesting situation is going on for now for EURUSD and USDCHF. I will not make any detailed comments because we all can see is from the images attached:
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Seems we need to use this thread to upload some indicators related to market condition checking and evaluation. In this case - everybody can do same analysis which i am making and will know about to buy or to sell in some situation for example.
Just an idea.
This is updated situation for right now:
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1,050 dollars in profit:
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Market condition for EURUSD and USDCHF for now.
EURUSD H4 timeframe - non-trading market condition (flat):
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USDCHF H4 - same case: non-trading market condition
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Those 2 images about market condition for now for EURUSD D1 and USDCHF D1. This is nothing interesting except the following:
- EURUSD is on bearish, and USDCHF is on bullish primary trend.
- Secondary trend is going on for now for EURUSD and USDCHF
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More interesting situation for now is for USDCHF H4 timeframe:
Price is inside Ichimoku cloud that is indicating the Ranging market condition; Chinkou Spam line is very near to be crossed with the price on historical data for good breakout.
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Just something about market condition for today.
USDCHF M30 - ranging
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USDCHF H1 - correction with ranging
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USDCHF H4 - correction started on open bar so it may be bearish as a primary trend soon
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USDCHF D1- correction
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