Hello Traders, Again the same point of view. Two scenarios, the price couldn't consolidate for a long time specially on this pair which is the most volatility one. Therefore, follow the main rule never fight the trend, we trade on Foreign Market, we don't create the trend , obviously we don't change it, we can't. Just follow the wave. The rules are on the...
Hello, Traders Lets start our week with a very nice and clear technical analysis chart pattern. I want to be clear on these one. 1) Important resistance from 2014 and multiple times tested. 2) We are waiting complete formation of head and shoulders or downside massive sell. 3) Price Action Analysis close of the weekly candle shows pressure of sellers. 4)...
HELLO TRADERS, I hope to everyone, have a profitable week. Let's go to our chart, We have a nice daily close on Friday, shows respect to the technical of minor support price level that comes from the start of November. The 4H could be much better, but this doesn't change the fact that we have a good close above the 108.000. Therefore we aim to catch the...
Hello traders, welcome back. This is my new channel and I hope to enjoy. Lets Go straight to the chart, I am a trader who create 2 scenarios to adapt to the price action. First case, if the gold/usd break the first trend line we will wait to break the big triangle (on the second trend line as well). If this happens we will put our take profit on the...