eurusd: is this a falling wedge ..?

17. Aug. 2017

EURUSD

18. Aug. 2017

Anmerkung

this was my mistake: coming from a higher time frame knowledge to predict lower frame chart. simply wrong even if it went right.
- this min-charts universe is so big "gigantic" when one digs into it. thus one has to disregard higher frame charts and make a forecast that reflect the big universe he is in. what looks like a small move on the daily chart for us. here- on the min-chart- it is very "huge" and big move.
- on the daily charts, for example audcad, every time u open the chart u get more knowledge about it; but if u open its 15min chart, then say every hour u get a completely different landscape, and u have to do a complete analysis from scratch(so u don't have a knowledge build up here about the instrument); so every time u open the chart ..it is like a completely new and different instrument.(here : i understand why big banks may have one person who trade only one instrument, because u can be absorbed by it.)