On observing hourly candle and fifteen minute candles, EURO seems more stronger until it breaks level of 87.1138. Immediate target is around 87.4127. This only for education purpose only.
so this trade is based on support and resistance with the trend. and the resistance will be used as support after break and 50ema is used as dynamic support. this is simple break and resistance strategy with the trend
This is the part of Advanced price action trading to identify new supply & demand zone, the same demand zone is available on AUDUSD chart, daily timeframe. Go long when revisits the zone.
GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.
A detailed technical analysis of NZDUSD (didn't use advanced technical tools). NZUSD is currently near a major resistance line, forming a double top near it, a double confirmation for its fall. But if it breaks the resistance, it may become a major support line. On the daily timeframe, NZDUSD gave a nice pullback, confirming its fall.
An Ascending triangle pattern found on Zyduswell. Wait for Breakout and Retest.
We have found a trendline breakout and retest on weekly and daily charts, which is considered to be a strong signal. Look out for shorting opportunities on smaller timeframes. BE ALERT - We are at the Support zone at CMP. So kindly wait for its breakout for more secure trades.
EURUSD has given a clear & strong breakout of Parallel Channel towards the downside. It reversed from the resistance, which makes our second confirmation. We should look for shorting opportunities on EURUSD till it reaches its target. You can follow me on Insta - tradintra_fx.
as seen on chart there is double top and it clearly means that trend reversal. then additional trendline also broken and i am sure it will go down 80% chances and i am placing stoploss just above the dounle top. trade safely.
Education & Trading Idea ------------------------------------------------------------------------------------------------------------------------------------------ Mankading Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time...