NAS100Peace be upon you, traders, today I want to clarify this analysis that I did with the sniper strategy. I determined the order block, the meteorology block, and the Fibonacci, in which I relied on the most important levels, which are 50%, 61%, 75%, and finally 79%, which is the most important point because it is the maximum. A point to correct the wave, which point is the best of all.
Analysetechnique
CHFJPY Try to understand the movementAs we can see, at 2h Timeframe it is very clear that the price made a channel pattern, and yesterday it has broken through the resistance. where will the price go? from my point of view and how the candle moves ( you can see the daily candle ), the price will go to the strong area and will come back again. what's unique from here is that I found the possibility of a triple top pattern occurring
let see,
dyor
ICI (Impulse correction Implulse)There is nothing more interesting that seeing an impulse and waiting for a retest in a trending market. Formation of weekly demand area (Bullish market), price breaking a resistance to the upside (impulse correction impulse, in a trending market sign of bullishness). All we can do is to wait, and see if there will be any signs of rejection on lower time frames on the support zone. If there is then it is a longing opportunity.
Make sure to make good use of risk management!!!!!!!!!
NZDCAD LONG positionThe idea discusses a bullish on the NZDCAD currency pair based on a strong fundamental , as well as several bullish technical signals. The analysis recommends placing a stop loss to manage downside risk and advises traders to do their own research and due diligence before making any trading decisions.