AUD/JPY Gartley Forms Under 86.30 Resistance
Gartelys are harmonic reversal patterns found using Fibonacci retracements. As the AUD/JPY reaches 86.30, traders eye Fibonacci resistance to enter fresh sell positions.
Gartelys are harmonic reversal patterns found using Fibonacci retracements. As the AUD/JPY reaches 86.30, traders eye Fibonacci resistance to enter fresh sell positions.
As the European sovereign debt crisis continues to spiral out of control 'troika' has become a household term. What is troika, and how does it play into Greek austerity measures?
As the European sovereign debt crisis continues to spiral out of control 'troika' has become a household term. What is troika, and how does it play into Greek austerity measures?
USD/CAD slides in Q1 of 2012 to form a descending triangle. Breakout traders eye new entry orders under support.
USD/CAD slides in Q1 of 2012 to form a descending triangle. Breakout traders eye new entry orders under support.
The AUDUSD shows a bullish Elliott wave pattern with 5 wave advance followed by 3 wave counter trend drop. If the pattern holds, it should propel the pair towards new yearly highs.
The AUDUSD shows a bullish Elliott wave pattern with 5 wave advance followed by 3 wave counter trend drop. If the pattern holds, it should propel the pair towards new yearly highs.
Can EUR/JPY make a turn lower at resistance ?
Can EUR/JPY make a turn lower at resistance ?
As traders, we often have short memory spans as the pains of yesterday lead into the opportunities of tomorrow. But remembering Support and Resistance levels could potentially open up trade opportunities as outlined in this article.