Price is trading near to Major and Important Resistance zone Trade short and breakout above the resistance will put in play the other scenario. Good Luck EL KHIBRATTOR
Hello, In The context of "Keep It Simple" Theory the price got rejected from the major Resistance (Blue Line). Take profit: Testing of the Trend Line ( Pink line) Stop Loss: Above the resistance Good Luck
Hello, Price found difficulty penetrating the resistance zone. Short and TP:0.6640 SL:0.6750 (Above the resistance zone) Good Luck EL KHIBRATTOR
Hello, Keep It Simple Theory. Price in the range of the Support/Resistance levels showen in the chart and the price will go to test the resistance level. EL KHIBRATTOR
Hello again, In the context of "Keep It Simple" Theory the EUR/USD faced a strong Support level which coincide with the red trend line (longer term) which was violated to the upside recently and the price did corrected toward it before it starts to rally up . EL KHIBRATTOR
Hello Guys, In the Daily chart of GBP/USD there is a shorting oppurtunity as the major trendline of the pair is bearish , the last bullish correction came to an end facing a strong Resistance zone ( Ex Support which was violated to the downside). In confluence with that the Upper Band of the bollinger and the EMA 50 acting as resistance also in the same zone of...
Take profit: Projection on 1-4 Trend (in red) Stop Loss: Below the Trend Line(once it is broked to down side our approach then is invalidate) For conservative traders you may long the pair till the price cross 0.9890 (Ensuring the return of price inside the triangle). This is my first Idea published here so it is a kind of test and see how my simple analysis...