If we understand the concept of supply and demand, then making trading decisions won't be so hard for us. trading is simple plus and minus. all you need is to identify a good supply{resistance} and then plan a sell trade from it. and or identify a good demand{support} and plan a buy trade from there.
Supply and Demand are no different from support and...
on the daily timeframe gpbusd is on bearish trend but here in 4hrs there may be some hold up temporally, I think.
I'm expecting a structure like triple bottom, which I clearly indicated here in this analysis. if it shows up then my bias for this trade is confirmed. good luck trading guys......
TESLA has been in an uptrend for a while. It had just completed a pullback from the trend line break out in june. Completing a new high and created a new trend. based on the current price structure, technically, Tesla is expected to travel back to it's highest peak of november 2021 through january 2022. a head and shoulder pattern seen here in this chart, clearly...
I am looking at a quick minor drop on spx to complete the wave of its current rising wedge.
though from the weekly timeframe it seems to want to complete a double top, judging from a broader view.
surely the spx will drop maybe to respect the short-term reversal pattern {rising wedge} on the 4hr chart. and to retest the 100-MA but only to gain strength to...
In my little analysis I think USDCAD has been on a bullish rectangle from at least june, last year and through april this year as well. And it broke out of the rectangular pattern, with an ascending triangle. From which it has broken out this week to hit the long-term resistance zone of almost 7yrs ago. So even if it will continue to rise, I believe price is will...
In my little analysis I think USDCAD has been on a bullish rectangle from at least june, last year and through april this year as well. And it broke out of the rectangular pattern, with an ascending triangle. From which it has broken out this week to hit the long-term resistance zone of almost 7yrs ago. So even if it will continue to rise, I believe price is will...
Sometimes I don't have words to explain what I know. But I just buy and sell. and knowing where the market would turn is really really important. Please rate my prediction.
