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

Pair EURUSD M5: 1 - On the 5-minute chart, the Euro is in the central area of the bands, and the bands themselves have turned horizontally. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it is worth waiting for an active touch of the upper or lower band, and then assess whether the bands will expand outward or if there will be no reaction. 2 - The Awesome Oscillator indicator is near the zero level and therefore does not provide us with any signals. It is best to wait for active growth in the positive or negative area, which will indicate the price movement in the direction of this growth. 3 - In this situation, the entry point for sales can be placed at the level of 1.15004, a price drop with an active breakthrough and consolidation can be expected at the level of 1.14832. 4 - Purchases in the current situation can be considered from the level of 1.15198, with a price increase in case of a breakthrough and consolidation that may continue up to the level of 1.15284.