74% of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74%of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
The breakout of the triangle (purple lines) has seen price fall towards the Fibonacci levels. A crucial level for bears and bulls is the 1.35 round number due to the horizontal support (green line) and bottom of consolidation.
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave Y (magenta) wave X (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave X and Y (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave Y (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements.
60 min EURUSD:
The EURUSD is making a small triangle (blue trend li