Confluence doesnt mean some indicators and price action .. confluence conditions can be seen everywhere from structure to entry The above structure shows you confluence with 2 major concepts in trading world HARMONICS and ELLIOT, shows you the possible areas where you could see confluence of both The 3rd wave could some times be BAT pattern or DEEP CRAB...
Entry : 3550- 3570 Initial Target - ATH - 3800 ( Trail sl this target) Weakness below 3400
Om Namah Shivay Brothers, Today's morning opening was the observation, after the market had done the structure yesterday closing time. The simple support resistance is able to tell, where market will go after hitting the trend line. Whether it will go up to test the trend line or not ? For that I need to follow the market structure continuously. I am...
Om Namah Shivay Learning the Structure of the market with support and resistance lines. 1. Continuously Draw trend lines to know the market structure. 2. Trend lines can be channels … 3. By continuously accessing the simple trend lines, market structure can be accessed How does the soul ( 'I') look like ? Ans : The soul is a point of light smaller than a...
FX:GBPUSD is repeating some sort of structure and moves from a consolidation region. A further look into that to see if it does play out like that or not.