image Will there be a 100% retracement on the 3rd leg?

How to tell if the Bull/Bear trend is over, without an indicator

image What can we say about 100% retracement on the 2nd or 3rd leg? Can we say that it is a reversal sign?

How to tell if the Bull/Bear trend is over, without an indicator

image does 100% retracement + divergence on the last leg proves that it is a proven method to make money???

How to tell if the Bull/Bear trend is over, without an indicator

Market made 100% retracement until the 2nd leg and took a break for a moment then advancing higher creating a divergence image

How to tell if the Bull/Bear trend is over, without an indicator

image Does 100% retracement tells that the trend is over?

How to tell if the Bull/Bear trend is over, without an indicator

image it started to making sense hmmmm

How to tell if the Bull/Bear trend is over, without an indicator

image What do you think guys? Does the method sound? I mean can we rely on the 100% retracement on the last leg that the trend is over?

How to tell if the Bull/Bear trend is over, without an indicator

Thanks for the insight

Cable Update (GBPUSD)

I agree with you! 1 and 2, you can make up any reason on it. That is why we have good businesses in market reasearch to justify/find alibi on the recent movement. 3. Now that is good. That could be a strong support for the upside move. Good luck ...

AUD/USD

I was looking at that target as well. But there's a tremendous support in the cloud and that long candlestick with short wick. I'm thinking to go long for a while until 0.7640 area +/-10 pips.

AUD/USD

Looking to go long until 0.7640. Around there, we should see some US data. If it's good, then 0.7640 area becomes resistance.

AUD/USD

Why it doesn't look bullish?

The Really Useless Thread

That's a long way down... 0_o

AUD/USD

Going up is a safe bet.

AUD/USD

What's the target would you reckon?

EURUSD

I don't think so mate.

EURUSD

Looks bullish to me

Dragon Riders GBP/JPY

image Bearish divergence on the 1HR Timeframe. Sellers about to take control over European session.

Cable Update (GBPUSD)