Long WayHello everyone, please check trend line at 2009 to current year and market exactly trend line wise performance.
Trand
It is possible ?Hi everyone
There is a possibility of repeating the date. If he can break his resistance, it is possible to raise the flag. We have to wait and see what the process will be like.
good luck
Important support /+300tp /pullback/ low risk/Convergence/ElliotHello friends, first of all, thank you for your attention
I started the study with daily timeframes and noticed an important convergence in daily timeframes, as well as a slow hammer pattern with trend lines drawing, as well as a very important support in daily timeframes and the failure of the channel ceiling in the 4-hour timeframes. Also, pullback to the confirmation trend line is an uptrend.
In addition, a 5 wave is forming which is confirmed by Fibonacci ratios of these levels, of course, tomorrow's news should be considered because the price may behave contrary to our analysis. wish you luck . Please like and comment because every trader has something to say, thank you.
Price hunting on the ceiling of the channelNote that this is just a correction and is the main uptrend.
By using the important points of support and resistance, as well as the use of 5 tiny waves and identifying them, we have a warning to change the trend. With a good risk-to-profit ratio and a short stop, we can make a good profit if fundamental factors do not interfere. what is your opinion ? Thank you for watching and support us by liking us.
GBPCAD Short In my opinion gbpcad will go down. This may vary depending on the condition of the oil. But if there is growth in the stock market, CAD will definitely strengthen as high beta currencies.
Long-term downtrend in DCRNow a long-term downward trend. The price is still within this trend. Also below MA 200.
If the trend changes, then the price may rise significantly.
However, now on the chart we are observing the pattern of the descending triangle. When breaking through the base of a triangle
the price often drops to the height of the triangle.
I want to believe that we can break the downtrend in the near future. But at the moment this is not so obvious.
In a negative scenario, the price may fall to 3-2 $.
📈 Some words about the TRAND 📉Hello, my cleaver friends!👊🏻 It's time to self-educate! 💪🏻Let's talk about 📈 Trend / Flat 📉
💥 Trend is the direction of market movement. 💥
By tracking dynamics of ☝🏻ups and 👇🏻downs, we can understand what is the trend of price movement and how long it's going to change.🧐
Price moves in one direction - is the basis for trend analysis.
There are three 3️⃣ types of trend :
🤜🏻 Bullish trend - prices are moving up. 🐃
The main condition for a bull trend is ascending movement more than descending movement (the definition of "bullish" arose by analogy with a bull raising the price on its horns)
🤜🏻 Bearish trend - prices are moving down. 🐻
The basic condition of a bearish trend is a descending movement than an ascending movement (a bear, as it were, crushes the price under itself, leaning on it from top to bottom with its entire body - hence the “bearish trend”)
🤜🏻 Sideway - there is no definite direction of price movement either up or down.
Such movement is called flat; a long flat is a harbinger of a price storm in the market - a strong price movement in one direction or another.
As a rule, prices do not move linearly up or down. However, in a bullish trend, prices are rising more and faster than falling.
The same thing, exactly the opposite, happens with a bearish trend. But bearish movements are always more rapid and powerful. This is usually associated with panic sales in the markets.
💥 Basic rules of price movement in trends: 💥
🤜🏻 The golden rule !!! The current trend is more likely will continue, than change direction ;
🤜🏻The trend will move in the same direction until it weakens.
💓💓💓 I HOPE MY POST WAS USEFUL FOR YOU 💓💓💓
✍🏻If you like my edu posts - put me likes and write your thought about it💙💛
Stay in touch with me💋
Your Rocket Bomb🚀💣
My previous ideas👇🏻👇🏻👇🏻
XAUUSD between support and resistanceHello my friend😇
My idea about XAUUSD!
The price has broken through the resistance level and is now moving between two lines: resistance and support.
I expect growth to the level of ≈1695
BTC's IDKWIC Pattern (I Don't Know What It's Called)😂So, this is what it should goes Like.
And like always , this is not a financial advice.
