Here I did 2 DM projections as regard where EURO index is gonna land.
There are 3 ways to do DM post breakout projections.
1. From uppermost shadow to the trendline - works 60 %
2. From the shadow of a candle with highest close to the trendline - works 90 %
3. From the highest innermost shadow to the trendline - works 90 %
Then you just clone the measurement to the breakdown point and project it. Very simple. Good luck!
Top Absolute Correlation 4 hrs
1 EURUSD - USDCHF -99.1%
2 EURUSD - USDHUF -97.2%
3 EURUSD - EURHUF -94.6%
4 EURUSD - USDSEK -94.4%
5 EURUSD - USDSGD -94.1%
6 EURUSD - AUDUSD 94.0%
7 EURUSD - USDCNH -93.5%
8 EURUSD - US500 93.2% (S&P 500 Index)
9 EURUSD - AUDCAD 92.5%
10 EURUSD - GBPUSD 92.5%
There are 3 ways to do DM post breakout projections.
1. From uppermost shadow to the trendline - works 60 %
2. From the shadow of a candle with highest close to the trendline - works 90 %
3. From the highest innermost shadow to the trendline - works 90 %
Then you just clone the measurement to the breakdown point and project it. Very simple. Good luck!
Top Absolute Correlation 4 hrs
1 EURUSD - USDCHF -99.1%
2 EURUSD - USDHUF -97.2%
3 EURUSD - EURHUF -94.6%
4 EURUSD - USDSEK -94.4%
5 EURUSD - USDSGD -94.1%
6 EURUSD - AUDUSD 94.0%
7 EURUSD - USDCNH -93.5%
8 EURUSD - US500 93.2% (S&P 500 Index)
9 EURUSD - AUDCAD 92.5%
10 EURUSD - GBPUSD 92.5%
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.