NZDJPYNZDJPY
Entry point :- 97.438
Stop lose :- 97.953
Risk :- 0.50%
Target 1 :- 97.007
Target 2 :- 96.576
Distirbution
Understanding MARKET PHASEHope this cheat sheet will help you guys. Chart is self explanatory.
This will explain the movement of price action in each trend.
Moving average as well will help to identify the trend. See description in the chart
#EUR GBP# MY FAVORABLE BIAS,Iam looking for sell on #EUR GBP# possible reversal and clear sell side liquidation. thanks/.Entry after confirmation.
ATOM/USDT RANGEBOUND! ACCUMULATION OR DISTRIBUTION?Hello my beauties.
It seems to me that ATOM/USDT has reached a rangebound condition.
We will wait for further development of price action, but the ST (second test) after the AR (automatic reaction) was pretty strong. This normally indicates a phase of reaccumulation, but it is too early to tell.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
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Peace.
Luca, TrickleDownFX
