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[mohdsalimkutti]

Price at the Support zone. A handsome reward indeed had I kept my position until today Dec31st 2019. EURAUD Daily chart.

 

[mohdsalimkutti]

EURAUD Daily chart. Price dropped from the Level of Resistance zone..The Trend is sideways. The only thing that is not there is Candlestick pattern..

 

[mohdsalimkutti]

Price struggling at intermediate Resistance. It's time to observe what happens.

 

[mohdsalimkutti]

The Price struggling at the intermediate Support and Resistance Level. No Candlestick pattern. Time to sit on my hands and wait.

 

[mohdsalimkutti]

EURAUD Daily. Mother Bar Inside Bar and another Inside Bar and Candlestick Spike Low. Good for going down but happening at the wrong Lwvwl. I am going to sit out on this one.

 

[mohdsalimkutti]

Context is everything.

 

[mohdsalimkutti]

I am trying a blind entry because of the Level of Resistance.

 

[mohdsalimkutti]

I have under estimated the strength of the buyers. Now floating. At the place I opened my post might become a new support.

 

[mohdsalimkutti]

I have reduced my loss to more than half, just by waiting. Patience is a virtue indeed.

 

[mohdsalimkutti]

Confidence comes from repeated success.