Forex Technical Analysis

Technical analysis maintains that all information is already reflected in the price and that price movements lead to recognizable price chart patterns. It therefore tries to determine a trend on the grounds that sentiment changes may, at least in part, forecast trend changes.

tradertip

While above 1.0878 - 1.0855 zone a corrective dip could test 1.0901 or 1.0945.

  • Key Point1.0895
  • Entry Point1.0874
  • Elliott1.0852
  • Closing1.0898
  • Projection1.095
  • Trendline 11.0857
  • Trendline 21.0862
Elliott Wave

irregular flat correction up

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