Brian_Philips

Brian_Philips

Based on the chart, price is in a downtrend and it reached a major resistance area. Also a rejection have happened base on candlestick pattern. This rejection at this area can be a good sign of supplying at this zone. So based on this scenario I will open a sell position with a good risk reward ratio. Note: As always please take risk management rules into...

Brian_Philips

Based on the chart, price had a big drop and correction have happend. Today we see a new rejection of price from a major resistance area. This strong rejection can confirm this area as a supply zone. So based on this scenario I opened a sell position with a good risk reward ratio. Note: As always please take risk management rules into consideration before opening...

Brian_Philips

Based on the chart, price reached a major support area and a strong rejection have happened recently. This happening can show the strength of buyers at this area and on the other side a weakness on sellers because their attempt to pull down the market was failed by a strong Engulfing Candlestick. So based on this scenario I opened a buy position with a good risk...

Brian_Philips

Based on the chart, price reached a major resistance area and a rejection happened on Friday. This rejection can show us the weakness on buyers and on the other side It can be a good sign of entering new sellers at this area which can weight the sellers. So based on these scenarios it can be a good opportunity for selling at this area which can provide a good risk...

Brian_Philips

Based on the chart a strong movement happened yesterday and it would be the start of a big upward movement. Also a Flag pattern is considerable in 30 mins chart which is broken buy it doesn't move yet. Also a weakness on sellers is considerable at this area. So based on these scenarios I prefer to be buyer which it can provide me a good risk reward ratio. Note: As...

Brian_Philips

Based on the chart, price reached a major resistance area and a rejection happened. However this rejection is not a good proof for selling at this area right now but based on the candlestick formation and the bearish trend, a drop in price would be highly possible. So these scenarios and good risk reward ratio at this area, lead me to consider it as a good...

Brian_Philips

Based on the chart, price reached a major resistance area and then is strong rejection is about to happening. This rejection can be a good confirm of strength in buyers at this area and on the other side we can see the weakness on sellers. So Based on this scenario I opened a buy position with a good risk reward ratio which is about 1:4. Note: As always please...

Brian_Philips

Based on the chart, price reached a major support area and yesterday a good rejection have happened. However we do Not have enough proof for starting a bullish trend yet but based on the market movement I prefer to make a risk and opened a buy position with a good risk reward, which is about 1:3.5 Note: As always please take risk management rules into...

Brian_Philips

Based on the chart, a strong bullish movement have happened recently and it seems a correction finished. So based on the support and resistance area and the market movement(A bullish Engulfing Candle), we can consider a good bullish movement for following hours. So I opened a buy position with a good risk reward ratio which can be about 1:4.5 Note: As always...

Brian_Philips

Based on the chart, we can see a strong rejection of price on the 8th of July and even we do not see any reaction from the buyers on the next day(9th). This event can be good sign of sellers strength on the market. Also on the other hand, we can see a weakness on buyers at Friday(9th of July). So based on this scenarios, I have bearish bias for this currency pair...

Brian_Philips

Based on the chart, price reached a major resistance area and a rejection happened. This strong rejection can be a good sign of strength of sellers at this area and on the other hand the bulls run is getting lower which can be a sign of weakness on sellers. So based on the scenario I opened a sell position on the market with a good risk reward ratio which is about...

Brian_Philips

Based on the price, a strong rejection from a major resistance area is about to happening. This market reaction can show us the power of sellers at this area and a weakness on buyers. So I consider it as a demand area and that's why we can see this rejection here! So based on this scenario, I opened a sell position on the chart with a good risk reward ratio (about...

Brian_Philips

Based on the chart, price reached a resistance area and yesterday a rejection form this area happened. Also the chart behavior can show us a weakness on buyers because we can not see a recent high on the chart(there is no higher and higher right now!) So the weakness on buyers and the strength of sellers at this area lead me to open a sell position with a good...

Brian_Philips

Based on the chart, price reached a major support area and a strong rejection happened there. So strength of buyers at this area and the chart trend, can provide a good opportunity to be buyer. So based on these scenario I opened a buy position with a good risk reward ratio (about 1:2). Note: As always please take risk management rules into consideration before...

Brian_Philips

Based on the chart, price have reached a major support area and a false breakout have happened. Also based on this false breakout we can conclude that there is strong demand at this area which can be good sign of buyers strength. Even more based on candlesticks, we can notice a good bullish Engulfing formed here 3 days ago while we can see no sign of sellers...

Brian_Philips

Based on the chart, price dropped on a major support area and a good rejection completed (We can see a very good bullish engulfing candle on the chart!). The rejection was so strong and it can be a good sign of buyers power at this area. Also we have to consider that we are in a uptrend situation. So based on these scenarios opened a buy position with a good risk...

Brian_Philips

Based on the chart, previously price dropped till 31000 and then a rejection have happened. Now price is reached to a resistance area(Which acts as support before) and the weakness on buyers is observable right now. However we can't see a strength on sellers at this moment but still it would be highly possible to see a bearish market for close future. I prefer to...

Brian_Philips

Base on the chart, price reached a major resistance area and a strong rejection have happened on 3rd of June and now the market reattempt to get its previous price but it failed which can be good sign of weakness on buyers at this area and on the other side, it can show the strength of sellers at this area. So based on this scenario I prefer to be seller at this...