Understanding Market Structure1) Consolidation
The market enters this phase after a strong movement. Sellers control buyers, which further leads to a downward trend
2) Down trend
Bearish phase - lower lows and lower highs. This is where traders want to go short on breakouts or from levels
3) Distribution
Occurs after a prolonged fall in prices, when buyers gain control of prices, resulting in higher prices
4) Up trend
The bull phase is where you want to be long. See to buy short breakout moves after long rallies have exhausted themselves. Attempts to rally are considered guilty until proven innocent
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Marketmaker
DeGRAM | GOLD long from levelYesterday, only gold reached our target, amid the news release, without updating the local high, the price returned to the level inside accumulation and is now heading to the lower support line.
I look forward to growth from support to resistance 1816
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | USDCAD growth after pullback The instrument is in an upward price channel. Yesterday there was an attempt to break through the resistance level, the level was not broken, and therefore I think that the price may roll back to the channel support. After that I think that the resistance level can be broken through and reach the level of 1.27
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | NZDUSD down from the top borderThe instrument is approaching the upper end of the range.
Since the local trend is downtrend, such ranges can be traded from the upper boundaries.
I think that it will not be possible to break through the resistance and the price after testing 0.71 will fall to support 0.696
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURUSD long after consolidationAfter an attempt to break through the resistance of 1.19, the Eurodollar consolidates between it and the support of 1.183,
I think that if the price does not go lower to the support of the global channel, and the retest, plus the global and local trends coincide, then a breakdown of 1.19 and further growth is possible up to 1.20
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GOLD resistance retestGold does not break the local minimum after a false breakout of resistance.
I think that there is buyer's pressure and the instrument enters the retest of the 1816 level, if the price breaks the level and consolidates higher, then most likely there will be an increase, I expect an increase to 1831
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GBPUSD short from levelThe pound made a false breakout of the trending support level and returned beyond the level.
Also within the boundaries of the accumulative flat.
The price is growing towards resistance,
I think that it will not be possible to break through the first time and the price may go back to the support level of 1.386
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURUSD in consolidation The instrument is consolidating after working out the level between the resistance of 1.19 and 1.184 (local support),
I think that the price exit from the consolidation will be upward to break through the resistance and continue to grow along the trend.
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GOLD in flat. LongGold is in an accumulative flat, clear boundaries of the range have been confirmed several times.
We were unable to update the local high and the price rolled back with trend support.
I suppose that from the support level the price can reach the local top 1831
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GBPAUD keep growing The currency pair is trading above the resistance of the price channel, having made a deep false break earlier, having tested the level of 1.877.
I think that the price can still roll back to it and continue its growth from this level to 1.898
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | AUDUSD down from resistanceAn instrument in a downtrend is trading at the upper border, below the resistance level.
I think that it is likely to see a false breakout or a rebound from the channel resistance and a fall in the price to support 0.722
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURUSD breakout. LongThe currency pair reached the resistance level of 1.19 and is now trading flat below the level.
If it does not go down, but starts to grow at the retest of the level,
I suppose that the level 1.19 can be broken and after fixing above the strong level the price can rise to resistance 1.20
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Revealing movement. Working with the indicatorRevealing divergence. Working with the indicator
I analyze the market, absolutely any trader is interested in seeing in advance where the price of a particular currency pair or another asset will move. After all, his profit depends on it. To win, it is important to see Forex divergence on all timeframes
In this article, we will understand the concept of divergence, and also learn how to determine divergence
A divergence or divergence can tell us that the market is ready to go in the opposite direction. In other words, divergence should be considered the moment when the direction of price movement does not coincide with the direction of movement of the Forex indicator. Moreover, this can be observed both in the direction of the trend line and against it. It is better, of course, that the divergence occurs in the direction of the global trend.
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GOLD growth from levelGold breaks the resistance level up last week and is in the long zone, at the moment the instrument corrects back to the level for possible price fixation.
I expect growth to the upper end of the range (1832) after consolidation
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURGBP short to support The instrument moved back under strong support to 0.854 and pulled back to it.
The global trend remains downtrend, they tried to break the price up at the end of last week, but failed.
I think that the price will go down to the global support of 0.847 after fixing below the level
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURUSD breakout of resistance after a pullback The Eurodollar last week began to work out in the right direction the global level of support.
He rose to resistance and did not break through it the first time.
I think that there is a chance of a breakout on the retest after a small rollback to 1.184 and the key target so far is the local resistance at 1.20
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | GBPJPY long after consolidation The currency pair has broken up the descending price channel.
There is a potential for growth, the global trend is growing, and the downtrend channel could be a possible correction, which is most likely over.
I look forward to growth after consolidation to local resistance 153.46
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | AUDJPY short The currency pair was unable to gain a foothold above the support level and, after a false breakout, returned back below the level.
I think that after the rollback and consolidation is already below the level of 80.9, the price will go down to the support of 79.6
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURJPY shortAfter the breakdown of support at 130.5, the instrument rolled back to the level, a local trend resistance level was formed,
I think that the currency pair at the moment will not be able to break through the resistance and will go down to test the support level of 128.3
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | EURNZD keep growing The instrument tried to break through the lower border of the ascending channel.
A wedge is forming and at the same time the price has crept above the support level within the channel.
I think there is a potential for a breakdown of the upper boundary of the wedge and continued growth to resistance 1.727
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
DeGRAM | CADJPY growth after consolidation The instrument made a false breakout of the relatively strong support of the price channel, returned behind the level and consolidated above the local support level.
I think that we can expect the growth of the instrument along the trend after consolidation to the resistance of 89.755
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!