More chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones
Webinars schedule: www.youtube.com.../marenno/videos?view=2&...
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H WR4
1D WR4
1D WR7
1M NR4
1M NR7
Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 1.34228
Option level R3 1.33333
Option level R2 1.31578
Option level R1 1.31578
Option level S1 1.30724
Option level S2 1.29033
Option level S3 1.28206
Option level S4 1.27389
Session (current session only) levels:
r3 1.33681
r2 1.32586
r1 1.31492
p 1.30753
s1 1.29659
s2 1.28920
s3 1.27826
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
Webinars schedule: www.youtube.com.../marenno/videos?view=2&...
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)
We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H WR4
1D WR4
1D WR7
1M NR4
1M NR7
Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 1.34228
Option level R3 1.33333
Option level R2 1.31578
Option level R1 1.31578
Option level S1 1.30724
Option level S2 1.29033
Option level S3 1.28206
Option level S4 1.27389
Session (current session only) levels:
r3 1.33681
r2 1.32586
r1 1.31492
p 1.30753
s1 1.29659
s2 1.28920
s3 1.27826
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
