Many traders, wanting to enter the market at the best price, use different ways to search for entry points, but there is a common opinion, and it comes down to the border of the current trend. Thus, knowing the location of the border of the current trend at every moment in time, the trader sees the best price for trading, both during the continuation of this trend, and at a change in trend.
I present to you the boundaries of current trends in the main quotes for February 14, 2020:
: 1,0840 – the border of the downtrend
: 1.3035 – the border of the uptrend
: 0.6730 – the border of the downtrend
: 0.6440 – the border of the downtrend
: 109.75 – the border of the uptrend
: 0.9780 – uptrend border
: 1.3250 – the border of the uptrend
: 62.90 – the border of the upward (long-term) trend
: 69.40 – the border of the downtrend (long-term) trend
: 1573.00 – the border of the uptrend
: 51.30 – the border of the uptrend
This video is devoted to the demonstration of the trading plan at the main quotes (EUR / USD, GBP / USD, AUD / USD, USD / JPY, USD / CHF, USD / CAD, EUR / RUB and USD / RUB) for the next day.
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