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Topic: Trade the end of London session
Thursday 05/04 at 15:00 (Athens time)
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TeleTrade’s analyst Marios Athinodorou presents the lost opportunities of this week.
On Friday, 23rd of March 2018, the price was below the Tekan Sen and Kijun Sen, and these two lines were in a bear formation. However, the price broke the last fractal and went down. On the same pair, it could have been noticed that on Wednesday, 28th of March, the price bounced on the Kumo. This could have been another opportunity for trade.
Regarding this pair, it could be noticed that on Wednesday, 28th of March 2018, the price bounced on the Kumo and that could have been a potential opportunity to go short. Another lost opportunity on BTC was on Thursday, 29th of March 2018, when the price went again below the Tekan Sen and Kijun Sen, and those two lines were in a bear formation. It could be noticed that the price broke the last fractal and went down.
About the Author:
Marios Athinodorou is TeleTrade’s market analyst and commentator. Apart from being an experienced trader, Marios is an advanced technical analyst and is interested in trading psychology. He has 7 years of trading expertise in Forex and CFDs, providing insights to share with all kinds of traders, from beginners to experts. Among others, Marios is delivering weekly trading webinars. Sign up for upcoming webinars, here.
Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes. Personal Opinion of the Author does not represent and should not be construed as a statement or an investment advice made by TeleTrade. All Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.
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