In this video, Andres explains how important is to be aware of the market’s conditions and follow the Market’s real and present trend.
In this trade in the EUR/USD, Andres starts from a single foundation, observes the price reaction, then he explains the conditions of identifying a new trend. In this case, the Fibonacci retracements made a huge part on finding support and the beginning of market strength. Even though the EUR/USD made strong moves to the upside, It never showed a sign of weakness and the lack of sellers made it easy to continue to ride the real market’s trend.
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