Brief analysis I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action. We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a...
Hello Traders, I have made some efforts to understand the minute details of H&S pattern. I hope these details will catch your interest. Do hit Like or Comment for better educational posts in future. Trade safe, stay healthy. Best regards Bravetotrade
Notes on the chart. Hit like for better analysis in future. Comments are welcomed. Trade safe. Best Regards Bravetotrade
Hello Traders, All of us want the price action to follow the direction of our trade but that doesn't happen always. The price action has a natural tendency to move up and down; build ranges and develop patterns. Most of the ranges and patterns are like whipsaws and many traders stuck in these situations and lose money. The most effective ways to deal with such a...