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Read more →On the daily chart of GBPUSD, price is moving inside a down trending equidistant channel. Besides that, we can also see that price is doing a “Lower High” and “Lower Low” each time marked in the chart shown above. Currently, price is near the equidistant channel top
Read more →Daily chart shows interchanged resistance level confluence by Fibonacci Retracement and Ed Channel. In Tflow®, this opens a potential trade signal. But we need to finetune in lower timeframe for an earlier entry as well as minimized stops to improve our reward to risk ratio. Do keep
Read more →Only registerd users (ie TerraSeeds TflowÃ��Ã�® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
Read more →On my previous post on GBPUSD 6th June 2010, I mention that we are looking for more downside in GBPUSD only if it breaks the Trend line (in red). However, it gets supported and forms a higher low instead. On the daily chart of GBPUSD, we can
Read more →On the Daily Chart of GBPUSD, price hit a confluence Fibonacci level of 38.2% (Green Fibo) and 61.8% (Blue Fibo), where price get resisted (Shaded in Blue). To learn how to use Advance Fibonacci in your forex trading to predict future price levels, attend our free forex
Read more →There is a confluence of supports here at this moment for the Cable. Besides a throwback to the previous resistance trendline, there is an addition of 55ma on the 4-hour chart as well as monthly and weekly pivot M2. If the 1.9600 to 2.0024 move were to
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