Hello everybody, want to share this with you! -On weekly chart we can see that price is moving in strong bullish direction(green circle) and we can see that price is going towards resistance zone(blue area). -In resistance zone we can see lot of rejection and if price break that zone we can expect that zone will become support zone because in past that zone was a...
Hello everybody,I want to share this with you! -On USD/CAD on daily time frame we can see that price was mowing in bullish direction and now price is in supply zone,WHY?-Because we had almost 40 touches and rejections within that zone and we have yellow support zone which was also resistance zone in the past with more than 25 touches.If we have lot of touches and...
-Hello everyone! -On 4 hour time frame we can see that price movement formed nice ascending triangle and price broke through resistance line of ascending triangle(upper yellow line). -We had lot of retests but price finally broke through ascending triangle's resistance line and price made a retest.Right now(16:59-on OANDA) price is in bullish movement. -We can...
Hello everybody,I want to share my opinion with you! -On daily chart we can see that price was moving in ascending channel and the price broke through ascending channel's resistance line. -Whole week the price was moving upwards,in bullish direction and today we can see that price is forming nice bullish hammer. -Price made retest and kept moving in bullish...
Hello everybody,I want to share this with you! -On XAU/USD we can see that on Monday price reached ascending channel's resistance line and then price went bearish until Wednesday and then price went in bullish direction. -We can see that price broke yellow support/resistance line and then we had one retest and price continued in bullish direction. -On lower time...
-Hello everyone,I want to share this with you! -This week(Monday Tuesday Wednesday) we can see that price retested yellow support line and price did not break through BUT at Thursday price broke that line and at Friday price went even lower.We can see that bears are in strong control over this pair. -The price broke 100 period EMA so that may be good opportunity...
Hello everyone,have nice weekend too! -On EUR/USD we can see that price was moving whole week in bearish direction(5 days) because EUR was weaker than USD. -I have noticed that price broke double bottom's support line(yellow line),that was very strong resistance/support line because price retested that line almost 20 times and now is broken. -On weekly base EUR...
Good day everyone! -On XAU/USD we can see nice bullish momentum last 3 days,price broke resistance line and become support. -On lower time frames we can see multiple touches and the price did not break that support line. -It seems bulls are heading to +1570 -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section! THANKS FOR READING! -If you...
-Hello everybody! -On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day? -AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong...
-Hello everybody! -On EUR/USD we can see strong bearish control and we can see that price broke strong support level(upper yellow line), -We can see that bears are in control and the price may keep falling until it reach new expected support line around 1.0945 and the we can expect retest or even break of that support level because pressure of sellers. -On daily...
Hello everyone! -On GBP/USD we can see strong bearish movement and the price broke trough support line(yellow line) and close with solid red candle. -We can expect few things like retest or breakout in upper direction. -On lower time frames such as 1 and 4 hours we can see very strong bearish move and control of sellers. -Now GBP is strong on daily base but for...
Hello everyone! -On this pair we can see that price broke through the ascending channel support line(purple lower line) and on lower time frames(4 hours and 1 hour time frame) we can see strong bearish momentum. -That is because GBP is weakest currency on daily and weekly base and JPY is at very stable level and it is way more stronger than GBP. -We can expect...
Hello everyone! -On this pair on 4 hour time frame we can see multiple rejections on support line(lower blue line). -GBP is very weak right now on daily time frame so the price may keep pushing in bearish momentum -If GBP gain some bullish momentum and make more rejections on lower time frames that can be signal to buy,...But consider that GBP is very weak right...
Hello everybody! -On this pair i have noticed that price tested support line(lower yellow line) 5 times in last 24 hours and the price got rejected. -This can be good buy signal with good risk reward ratio like 1:3 or 1:4 but I have also noticed that EUR is weaker than USD so the price may got pushed down with bearish momentum. -I recommend to wait for more...
Hello everybody! -On this pair we can see that price broke the ascending channel's resistance line before almost 10 days,price was moving in bullish direction and now price went back down to retest. -We can expect 2 options to happen; 1.Price will test new support line and bounce off in bullish direction. 2.The breakdown will happen and the price will keep...
Hello everyone! -On GBP/USD we can see that price is mowing in symmetrical triangle and we can also see that price tested and rejected support line(blue line) and price also tested and rejected support line of triangle too(lower yellow line). -On 1 day time frame we have 4 days candles that tested and rejected support levels so we may expect some bullish...
Hello everyone! -On EUR/USD we can see that price rejected on support line(yellow line) -EUR is weaker on daily base than USD but now we can try to find opportunities for buy if we get more rejections on lower time frames. -Or the price will keep falling because strong pressure of sellers? WHAT DO YOU THINK? THANKS FOR READING! -If you have some different...
Hello traders! -READ THIS DESCRIPTION FOR MORE INFORMATION! -This tutorial is for people who are struggling with RISK MANAGEMENT and MONEY MANAGEMENT. In this tutorial i will show you how to be profitable with 30% ratio. But first i will explain you what is risk and reward. -Risk is amount of money or percentage what are you willing to risk(lose). -Reward is...