Many traders, wanting to enter the market at the best price, use different ways to find the entry point, but there is a common opinion, and it comes down to the boundary of the current trend. Thus, knowing the location of the current trend at any given time, the trader sees the best price for trading, both in the continuation of this trend and on the change of trend.
I present to you the boundaries of current trends on the main quotes for November 5, 2019:
: 1,1130 – downtrend boundary
: 1,2885 – the boundary of the uptrend
: 0.6885 – uptrend boundary
: 0.6410 – downtrend boundary
: 108.75 – uptrend boundary
: 0.9885 – uptrend boundary
: 1.3160 – downtrend boundary
: 64.20 – the limit of the downtrend
: 71.60 – the limit of the downtrend
: 1507.00 – downtrend boundary
: 56.90 – downtrend boundary
This video is dedicated to the demonstration of the trading plan for the main quotes (EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CHF, USD/CAD, EUR/RUB and USD/RUB) for the next 24 hours
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