Technical analysis basics. Identifying support and resistance zones, as well as using the stepped line chart to reduce noise and make isolating the zones easier.
(note: it did not record my voice for whatever reason. Hopefully its still clear)
Anticipating a sell from the current levels to complete the formation of a head and shoulders pattern. Following this, i am expecting strong bullish rejection of the trendline which will initiate the bullish leg of this movement
price has broken below the moving Average (dynamic support) as well as the trendline. I anticipate that price will fall to the underlying minor support before retracing to its ascending trendline. Following this move i anticipate that the trade will proceed as expected. However, the trade setup will be invalidated if the price opens with a gap. If we open with a...
