it made a double top on daily it also broke the daily structure then i went down on the 4 hour chart and plotted my fibo levels then also checked the ema which ensured lower lows and lower highs being created then i went to one hour time frame to look for supply and demand zones i saw a 1 hour double top with the supply zones aligned and executed a sell
AUDNZD is a short for me right now it is also correlated with my previous idea about AUDCAD the conditions are met and executed the trade based on supply and demand zones on the lower tf
AUDCAD is a short for me right now the conditions are met and executed the trade based on snd zones
lets see what happens this is a new approach i have towards market now rules are simple trend lines and fibbos and lots of years on the charts
just now 1. ema 2. support and resistance 3. fibonacci 4. trend line
1. ema 2. support and resistance 3. fibonacci 4. trend line
1. lower highs and lower lows forming 2. ema respecting the price 3. fibonacci golden zone 4. trend line 5. key level zone 6. previous support/resistance
1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
i see gbpusd going long for some reasons below 1. trend line broken 2. new trend line formed 3. ema giving good base line 4. 4 hour fib 5. 1 hour fib
according to my analysis the us dollar will be strong against the the japanese yen as per the technical analysis
the trade is based upon the 4 hour chart the reasons for the trade are 1. higher highs and higher lows forming 2. ema respecting the price 3. fibonacci golden zone 4. trend line 5. key level zone 6. previous support/resistance thanks and good luck sahil
the trade is based upon the 4 hour chart the reasons for the trade are 1. lower highs and lower lows forming 2. ema respecting the price 3. fibonacci golden zone 4. trend line 5. key level zone 6. previous support/resistance thanks and good luck sahil
the trade is based upon the 4 hour chart the reasons for the trade are 1. higher highs and higher lows forming 2. ema respecting the price 3. fibonacci golden zone 4. trend line 5. key level zone 6. previous support/resistance thanks and good luck sahil
the trade is based upon the 4 hour chart the reasons for the trade are 1. lower highs and lower lows forming 2. ema respecting the price 3. fibonacci golden zone 4. trend line 5. key level zone 6. previous support/resistance thanks and good luck sahil