GBPUSD Creates the high wave 1.3690 to 1.3630 then breakout.GBPUSD D1 support 1.34330, Resistance R-1 =1.36900, Resistance R-2 =1.39714 and top Resistance is 1.42250 this market was rejected 1.42250 level on the last 1st Jun 2021. Now the the price is bouncing 1.3690 to 1.3430 level. we are fine the another bounce expected this area our prediction is next if the market successfully breaks this level (R-1/S-1) we should take this position for a long time.
Highwave
Candle stick every beginners should know . ( part 3 ) Hi friends ,
today i'll share with you the most famous
candlestick pattern everyone should know. part 3
we will start with the morning star .
this pattern appear in the downtrend and It indicates the possibility of a price reversal ( long )
second , the evening star appear in the uptrend and It indicates the possibility of a price reversal ( short )
third doji / spinning top / high wave appear in the downtrend and the uptrend and They considered as reversal candles .
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