6 Feb
USD/CHF PUT – ITM
picture share
There was a downtrend and then as you can see we had a reversal (61.8% Fibonacci Retracement) and the price couldn’t overcome the EMAs. Also, at the same level there was a previous broken support which could easily act as a resistance. I took a PUT with 30 minutes expiry time which was deep ITM.
print screen windows xp
Here you can see the 1min chart. Notice that before the fall ,in every try of the price to rise (with high bullish volume) there is a stopping volume pattern with a higher bearish volume. (selling climax candles)
screenshot
More details, screenshots:
http://mytradelook.com/forums/topic/live-trades-feb-2014/#post-1252
CySEC Bitcoin Warning
http://mytradelook.com/cysecwarning-about-bitcoin/
Kind Regards,
Kostasze
USD/CHF PUT – ITM
picture share
There was a downtrend and then as you can see we had a reversal (61.8% Fibonacci Retracement) and the price couldn’t overcome the EMAs. Also, at the same level there was a previous broken support which could easily act as a resistance. I took a PUT with 30 minutes expiry time which was deep ITM.
print screen windows xp
Here you can see the 1min chart. Notice that before the fall ,in every try of the price to rise (with high bullish volume) there is a stopping volume pattern with a higher bearish volume. (selling climax candles)
screenshot
More details, screenshots:
http://mytradelook.com/forums/topic/live-trades-feb-2014/#post-1252
CySEC Bitcoin Warning
http://mytradelook.com/cysecwarning-about-bitcoin/
Kind Regards,
Kostasze