The price is moving between sideways in the monthly chart and when I move to the weekly chart there it is moving between the slight downward descending channel and it is now going to touch there top of the channel and from where it is the possibility to reverse the trade & follow the structure
so there is the possibility that it will make new low
...
> PSYCHOLOGY BEHIND THE TRADE
It can also break the resistance if it makes the IMPULSE CORRECTION CONTINUATION (ICC PATTERN) and if it breaks this is taking some pullback to the downside for giving the opportunity to make long ( in a conservative manner)
> Risk reward
- Risk -2.36%
- Reward +11.34%
> PSYCHOLOGY BEHIND THE TRADE
the overall trend is down and the price had also moved between the downward channel, And now the price is near the resistance lever so as the structure is looking the price pull down again and will make a new low so there is the higher possibility that the price will go down add give the best sell opportunity
> Risk reward
-...
> PSYCHOLOGY BEHIND THE TRADE
The possibility is to go short is very low because it has made an ICC pattern (IMPULSE CORRECTION CONTINUATION )in the daily time frame, but as you know the history is always repeating itself the price can come down and follow the price incident but the possibility is low
> Risk reward
- Risk -1.31%
- Reward +2.45%
> PSYCHOLOGY BEHIND THE TRADE
The structure is looking very strong in the long side because the price is making is like (impulse correction continuation pattern) in the daily time frame so the probability of going long is very high I will initiate is trade when the price sustains above the green horizontal line, and this will be the one of the best trade-in this...
PSYCHOLOGY BEHIND THE TRADE
The price is moving between the sideways channel in a weekly chart and in a daily is is moving in an uptrend in the short time frame and in this uptrend, the structure is looking like the ICC pattern which shows the higher possibility that price will go up and touch the top of the sideways channel
> Risk reward
- Risk -1.13%
-...
> psychology behind the trade
The technical structure made a double top pattern and after-touch there top it move to come down and given the indication to short, so in this trade, there is a high probability that I will get the target of the trade
Time to long in bitcoin
Hello, followers, this is shubham and today I come with new trade opportunity for the crypto traders, in bitcoin there' is amazing structure is going on for the long on bitcoin for the target of 9500
the psychology behind the trade is the price moving between the downward ascending channel and maker lower lows kind of pattern so it has...
> Risk reward
- Risk -1.64%
- Reward +3.22%
> psychology behind the trade
The price has touched their high & again going down form there HIGHEST and also it is moving between an ascending channel and touch the upswing of their channel and given a breakout to go short here is the higher probability to get the target of this trade
the price was moving between the ascending channel and this ascending channel is being from their recent lows so it has makes one swing and touched their upper cross line now it had given the confirmation to go down for making their next swing so that there is the one best opportunity I found to make short with the favorable risk-reward ratio
the price has crossed there monthly ascending channel and it also braked their last cross touch and properly sustain below the previous touch horizontal line .so that s why i get the indication and also get the confirmation so have initiated this trade
USD\JPY MOVING BETWEEN A DOWNWARD CHANNEL IN THE DAILY TIME FRAM STRUCTURE AND IT HAS TOUCHED THEIR TOP OF THE CHANNEL AND IT HAS ALSO GIVE THE CONFIRMATION OF THE SHORT
CHF\EURO SHORT
CHF\EURO is moving between ascending channel and now it is going to touch the top of the channel and from there, there is a higher probability to go short from there
in this chart, I mention two entry point in which one is risky but give higher profit and one is safe which give you lower profit .in which entry point you will take trade
comment...
Hello friends this is shubham tamrakar and i get the new short opportunity to take short position in the NZD\CHF.
the psychology behind the trade is, " it is going to break lifetime low and one it break and sustain below the low the it will give you a great return and also will the brast trade of thhis month.
