what´s up steemia?, I am a young woman passionate about investments in the stock market, so this month I will analyze the market with you step by step. I have chosen one of the pairs that has personally taken time to know their movements.
Daily Temporality
Personally, I like to see the currency pair that I have chosen to study in the week in this daily period, the trend is clearly identified. Since December 2018, this pair has been having a bearish trend, meaning that the Euro is sold and the Dollar is bought at the same time.
This is due to the political decisions that the European Central Bank has taken, the euro of collapse before the dollar, for that same reason we see the graph in minor temporality.
Temporality 4 hours
In this time of 4 hours, you can clearly see the bearish trend, a little closer, mark the channels from at least three points, generally when you mark a channel up, the pair should go down if or because you already made correction bullish.
Temporality in 4Hours
I marked a Fibonacci to identify at what point this pair arrived, and to be able to identify the regression (I frame it from the beginning of the trend to where it ends), it reached the 38% point and it may reach the 23% point to make a setback and find floor, to climb.
I have entered this operation since Sunday March 3, 2019, and I still have it in blue, that is to say, it almost closes me in profits at a price of 0.01, to earn $ 10
I hope you have the same vision as me with this currency pair.
Beatriz76 Pips winner
Great first post beatriz76 and welcome to the Steemit Blockchain please post explore and enjoy
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