When every u see a strong trending or trending market so alway enter on PULLBACKS because it protect Your stoploss from hitting before market move in ur favour MAKE A RULE IN UR TRADING RULE BOOK THAT IS (I ALWAY ENTER ON PULLBACKS) Keep learning from ur stoploss
The trend is up and we are at strong resistance the price is making brand and shoulder pattern And we are at left shoulder trade only when the key is break and close The uptrend can be intact and continue to uptrend be cautious we are trading agaist the trend The anylysis may go right or wrong because we all know that this is game of probabilities
The price is start a upward journey after a downtrend so trend is up Just wait for big bullish candle on ur time frame and took entry on ur own risk The anylysis may go right or wrong because we all know this is game of probabilities Keep learning and earning
Whenever the price rally toward support level or resistance level it is difficult for price to break the level Because all seller are exhausted already to rally down price quickly We are trend friend so I never took trade against the trade We are at very strong support level This anylysis may go right or wrong because we all know that this is a game of...
The price is in range from last 1 year and now break with big bullish candle Wait for pullback and retest and let price confirm the breakout
The price is making a rounded bottom which is clear indication that price is gaining strength and secondly the price broke off the resistance level and come to retest just wait for a good bullish candle before entering trade This anylysis may go right or wrong because we all know this is game of probabilities Take responsibility of ur life BLAME URSELF EVERYTIME
The overall the trend is down so we are not against the trend becauseeee TREND IS OUR FRIEND Secondary the price is beautifully respecting the 100 sma when ever price come to moving average it Got rejected and faces a strong resistance level HOW TO ENTER A TRADE so you can enter a trade only when price comes to moving average and show sign of weakness of price...
Here are the three point that u keep in mind that I mentioned in the chart if u don't want to memorize these all 3 thing Then simply look for a big bullish candle good if marabuzo candle which is ur final indication Keep learning and earning
Price following the 50 sma and moving up let the price retrace back to moving average and second confirmation is the previous resistance level become support level ALWAYS BUY AND SELL ON PULLBACKS KEEP LEARNING FROM UR MISTAKE
So first and foremost this trade can fail or don't start but as per technical analysis this is things that u need for good trade head and shoulders is good for reversal but best itlf we go with the trend Keep learning and earning
Whenever you do reversal trading keep few things in ur mind # major support level or resistance level # let price change the market structure from lower low to higher high # last but not so important candle stick pattern I PUT A POST BELOW FOR BETTER UNDERSTANDING OF MARKET STRUCTURE Keep learning and earning
See price when every come to this level it get rejected immediately back but this timeprice rejected and try again to gain strength the trader who went to this trade has put their stop loss above the level once price move up it trigger all and move higher . It may be possible price get reverse by making a reversal candlestick pattern Learn how to protect not how to earn
I put my analysis so that u can earn money if not that you learn how I made my trade My analysis can be wrong and can be right just put all odds in ur favor Nobody know about market so just following risk management Keep learning from ur stoploss
The price made a double bottom near the 200 sma and cross above the 200 sma If price gap up and close above the resistance level then if might be a breakaway gap
The price can move either side But most probable down because Price break down trendline and Start consolidation mean seller want Sell lower and buying pressure is exhaust Keep learning and earning
The price is in uptrend and come to the support and Trend line two factor support it Entry trigger by candlstick
Follow my this strategy and don't judge any strategy too soon alway look at big picture Trailing SL with 20 sma Bactest this strategy once you are confident you can go for it
The price made a rounded bottom which mean it gaining strength Secondary it break the resistance level and resistance become support Enrltry trigger is morning star KEEP learning and earning