"Daily Observation" by Marenno in Dukascopy Forex Community
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Daily Observation

Hi everyone, Here's a Market sentiment based on a price charts of 3 time frames, Monthly, Weekly, Daily









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Convallium avatar
11 Nov.

Very good and informative!

FG_Trading avatar
11 Nov.

Good observation, But you remember?  ->  "The darkest hour comes just before the dawn...."
Monthly down, Weekly down, Daily down. And if this is the end, how big can be return?

Marenno avatar
11 Nov.

Yes, we also have to remember, that, when the chart is showing us something, may be it was known by the "Big Boys" long before, so basically, that's just to have a brief understanding of what the market is telling us, and use it as we like, but better not to go against it :),

FG_Trading avatar
11 Nov.

Sure, only stay along the trends!...

Marenno avatar
11 Nov.

yeap!!

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