watch the next candle to decide the move. if bullish candle and close above the previous candle or a bullish pattern than buy orelse it is a sell signal
PRICE CLOSE BELOW THE PREVIOUS SUPPORT SO PRICE IS MOVING DOWN TO NEXT SUPPORT.
bullish signal
price is bearish in daily so going for sell
audcad is sell ad price formed a pin bar at the bottom
price has formed a bearish engulfing pattern at the resistant level. so sell
we need to wait for candle to close below the green line and wait for confirmation to go down
gbpusd buy signal
THE DAILY IS HAVING SELL SIGNAL
if price close below the support than the price will move to the next support.
PRICE IS BULLISH NOW BUT THERE ARE TWO RESISTANT BUT THE SIGNALS NOW SHOWS IT AS A BULLISH LONG TRADE.
PRICE IS REJECTING RESISTANT. SO IT WILL MOVE TO SUPPORT
BEARISH PATTERN FOUND AT SUPPORT AND REJECTION AT TOP SO PRICE MOVING DOWN
WHICH EVER DIRECTION IT BREAK PRICE WILL MOVE IN THAT DIRECTION. NOW SIGNS ARE THERE THAT THE BREAK WILL BE DOWNSIDE. BUT WE NEED TO WAIT FOR CONFIRMATION OF BREAKOUT
PRICE HAS FORMED PIN BAR AT SUPPORT SO THE PRICE WILL MOVE DOWNWARDS
IF THE CANDLE IS SHOWING A PIN BAR AT THE LEVEL AFTER THE CLOSE WE CAN GO FOR SHORT. THE MAIN TREND IN THE DAILY IS DOWNWARDS AND NOW IT IS IN FLAG IN DAILY. SO MORE PROBABILITY OF PRICE MOVING TO DOWN.
IT WILL BREAK TO THE TOP AFTER MULTI TIME FRAME ANALYSIS. WE CAN WAIT FOR A PATTERN TO FORM AT THE BOTTOM OF THE TRIANGLE AND THAN ENTER THE TRADE