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PremiumGBPNZD, Sell On H4. H4: - Structure: uptrend - Tendency: upward and weakness - Test resistance, and move down - Candle D1: Bearish => Sell
GBPNZD, Sell On H4. H4: - Structure: uptrend - Tendency: upward and weakness - Test resistance, and move down - Candle D1: Bearish => Sell
GBPJPY, Sell On H1. H1: - Structure: Minor downtrend - Tendency: Downward - Breakout and closed below resistance - Confirming price action: Bearish candle => Sell
GBPJPY, Sell On H1. H1: - Structure: Minor downtrend - Tendency: Downward - Breakout and closed below resistance - Confirming price action: Bearish candle => Sell
What is a Retest? Retests in the Forex market come in all shapes and sizes. They can come after a market breaks a key horizontal level of support or resistance or a breakout from a wedge pattern. Market Dynamics of a Retest and Confirming Price Action
What is a Retest? Retests in the Forex market come in all shapes and sizes. They can come after a market breaks a key horizontal level of support or resistance or a breakout from a wedge pattern. Market Dynamics of a Retest and Confirming Price Action
EURGBP, Buy on H1. H1: - Structure: Sideways - Retest support - Multi bottom, Closed above support - Candle: Bullish => BUY
EURGBP, Buy on H1. H1: - Structure: Sideways - Retest support - Multi bottom, Closed above support - Candle: Bullish => BUY
GBPJPY, Sell On H1. H1: - Structure: Uptrend However: - Weakness - Retest and closed below resistance - MACD: Devergency and down => Pullback==> Sell
GBPJPY, Sell On H1. H1: - Structure: Uptrend However: - Weakness - Retest and closed below resistance - MACD: Devergency and down => Pullback==> Sell
BTCUSD, Buy on H1. H1: - Structure: Uptrend - Tendency: Upward - Re-test trendline and EMA, Closed above => BUY
BTCUSD, Buy on H1. H1: - Structure: Uptrend - Tendency: Upward - Re-test trendline and EMA, Closed above => BUY
The 3-Step Method That Predicts a Change in Trend The three steps are: 1. A trendline is broken. 2. There is a retest and failure. 3. Price falls below the prior low These three steps define a stock that has moved from an dowtrend to a uptrend. Learn these three steps and you will never trade on the wrong side of the trend again. Step 1. A trendline is...
The 3-Step Method That Predicts a Change in Trend The three steps are: 1. A trendline is broken. 2. There is a retest and failure. 3. Price falls below the prior low These three steps define a stock that has moved from an dowtrend to a uptrend. Learn these three steps and you will never trade on the wrong side of the trend again. Step 1. A trendline is...
EURUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Re-test and closed below resistance - EMA; Down => Sell
EURUSD, Sell on H4. H4: - Structure: Downtrend - Tendency: Downward - Re-test and closed below resistance - EMA: Down => Sell
(Review) Definition trend and change of trend ( Trend reversal) EX: Discussion: Downtrend - Definition A downtrend comprises a repeating sequence of: 1) A downward extension 2) A swing low 3) An upward pullback 4) A swing high A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend Uptrend - Definition An uptrend...
(Review) Definition trend and change of trend ( Trend reversal) EX: Discussion: Downtrend - Definition A downtrend comprises a repeating sequence of: 1) A downward extension 2) A swing low 3) An upward pullback 4) A swing high A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend Uptrend - Definition An uptrend...