EUR/USD 30 days long based on MW Open Price Points
We choose EUR/USD only as an example for DWMQY Open Price Points script concept.
There we tried to utilize Support/Resistance presented by three levels: Monthly, Weekly and Daily open price points.
Then we use Trend line convergence methods as very simple for basic level traders.
Colourful lines form the triangle, and from that point, we saw coming uptrend for a possible 2% gain in 7 days.
According to price action, it is Bullish trend for the next seven days at least with a few non-significant daily drops.
Should I make actual trade based on that? No.
There we tried to utilize Support/Resistance presented by three levels: Monthly, Weekly and Daily open price points.
Then we use Trend line convergence methods as very simple for basic level traders.
Colourful lines form the triangle, and from that point, we saw coming uptrend for a possible 2% gain in 7 days.
According to price action, it is Bullish trend for the next seven days at least with a few non-significant daily drops.
Should I make actual trade based on that? No.
Trade fermée: cible de profit atteinte
Daily target reached! +0.61%
Transaction en cours
M down-trade, hold
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.