I have used liquidity grab and now gonna make a very dangerous trade
the market is forming a down wards wedge it means the market will go up
guys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
i think that the market will do this that the market will form lower lows into support and the support will break and then it will retest back the support
I will predict that the price will go up by 5-6 pips using simple support i will no guess the price for a long time I will only guess that the price will go up by 5-6 pips
I have used support resistance to profit in the bull and bear market. if the market fails to close lower than the previous swing low so, exit your position
I have used simple resistance and trend line and break and retest of the trend line
this is a simple support resistance idea we will trade using the analysis of where buyers and sellers are present nothing more!
and remember that the market will make pullbacks before reaching my short-limit order and when the trade is executed so, you can set your take profit on half of my TP. remember not trading advice and if you still want to trade so, then use little money or paper trading
I have used simple support and resistance to profit in the USD/CHF forex market its so simple that a 12 yer old and also take profit