Market is clearly forming a bear flag pattern. Hence entering short Thank you to all those who have sent me private message and been following me. Hope you have understood how simple it is to trade forex with out any support/resistance lines or lagging indicators. And started to earn good profits as I have told you on what to do. Please Note: Just knowing the...
Chart is shared only for the educational purpose
Price is forming a falling wedge pattern so taking message from the market that the price is going to LONG. Please Note: Just knowing the direction of the next move will not help being profitable. There is a lot more to it with regards to the entry technique and successfully managing the trade after entering the trade. If you look at my previous trades, 90%...
Price is forming an ascending channel. So looking to enter short Please Note: Just knowing the direction of the next move will not help being profitable in the long run. There is a lot more to it with regards to the entry technique and trade management after entering the trade. If you look at my previous trades, 90% are impulsive moves covering about average of...
pair has reached previous high level in higher time frame. expecting big reversal. set yur tp and sl acording to yur risk management .......dont forget to LIKE & SHARE
Price is forming a falling wedge pattern. Will wait for it to reach the bottom of the pattern to form the 3rd touch as part of pattern completion before looking to enter LONG. Please Note: Just knowing the direction of the next move will not help being profitable in the long run. There is a lot more to it with regards to the entry technique and trade management...
Price is forming a falling wedge pattern. Hence looking to enter LONG Please Note: Just knowing the direction of the next move will not help being profitable in the long run. There is a lot more to it with regards to the entry technique and trade management after entering the trade. If you look at my previous trades, 90% are impulsive moves covering about...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (117.27). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Forecasted Pattern = Falling wedge Direction = BUY Expected Risk : Reward = 1:4
Chart is shared only for the educational purpose
AS WE CAN SEE THERE IS A BREACH AT 116.401. AND A LITTLE STRONG RED CANDLE BROKE IT. NOW WE ARE WAITING FOR A PULLBACK PATIENTLY. BUT DON'T ENTER NOW; WE ARE STILL LOOKING FOR A CLEAR PICTURE AND THAT PULLBACK.
Long term trend - LONG Current trend - LONG Nature - IMPULSIVE PHASE Pattern - BULL FLAG OR DOUBLE BOTTOM Stoploss - 34 pips Risk: Reward - 1:7
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (114.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...