EURUSD H4 bounced down from a CC-5 counting resistance level.

Euro / Dolar A.S. (FX:EURUSD)

FX:EURUSD Euro / Dolar A.S.

supportandresistance volatility movingaverage cc-5

This video show how to look for the trend from a big picture chart in EURUSD H4. Then go into more details to the use of middle Bollinger(20,2) band to determine the smaller trend. A resistance level generated by CC-5 counting has been shown as a resistance level for the price to bounce downward.

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