FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!

Pair EURUSD M5: 1 - The Euro on the 5-minute chart retraced to the central area of the bands, and the bands themselves started to curl inside. Price movement from here can continue in any direction, and to get a new signal for price increase or decrease, it is worth waiting for an active new breakout beyond the upper or lower band, and then assess whether the bands will expand outward or there will be no reaction. 2 - The AO indicator is fading in the negative zone, if we see a cross through zero in the near future and an increase in the positive area, we will get a stronger signal for price increase. A new increase in the negative area will signal a decrease in quotes. 3 - The entry point for buying can be considered from the level of 1.08809, price increase upon breakout and consolidation can be expected up to the level of 1.08884. 4 - The entry point for selling can be considered from the level of 1.08654, price decrease can be continued down to the level of 1.08550.