Symmetrical triangle is my least favorite pattern. It is the trickiest. I am biased to Bullish side. But Monthly chart reach Overbought. Not like-ish this month of Feb. Movement is getting tighter and tighter accumulating strength... to break which side?
Any break and retest, shall impact on commodity first before currency.
WAR = $$$ down
NO WAR = $$$ up
Depends on which countries involved/interfere.
Can't conclude anything! Just monitor any break and retest. And news to have some rough ideas.
Thumbs up and kind comment are appreciated in advance!
Any break and retest, shall impact on commodity first before currency.
WAR = $$$ down
NO WAR = $$$ up
Depends on which countries involved/interfere.
Can't conclude anything! Just monitor any break and retest. And news to have some rough ideas.
Thumbs up and kind comment are appreciated in advance!
But, FA is helpful much! I wasn't look at them (FA) much until I decided today that I am going to learn FA much more deeply and academically.
Another FA trigger:
1. Russian-Ukraine WAR and
2. Commodity News (United States API Crude Oil Stock Change Triple-A worse news than expected) at 24th Feb 2022, 5.30am
So, Major $$$ XXX/USD pairs goes down down down.