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happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
--- Update ---
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Pivot, Resistance Levels and Support Levels for AUD / CHF
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.664
Resistance Level (R2): 0.661
Resistance Level (R1): 0.657
Pivot Point: 0.654
Support Level (S1): 0.650
Support Level (S2): 0.647
Support Level (S3): 0.643
Today market trend:Sell
Resistance and support poinst also going down
Parabolic sar bollinger band rsi indicators also tell market down
So think about situation and then easily take decision for trading
Forex trading is a powerfull business in the world
"Best
My point of view and analysis of market is Buying trend
Indicators and Moving average market ke Up hony ka bata rahe hain
Resistance and Support points se bhi market Up hoti nazar a ri hai
Hamain Buy main trade lagani chahyie
Best Of Luck
Market trend of the day:Bullish sell
Moving average aut techincal indicator shows that market move up side
Time frame that is considered while making support and resistance levels
Use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn
If you want gain knowledge and experience so doing hardworking and get a good profit
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit
Best day for all member in this forum .. !
according to Bollinger indicators market trend is Buy. market is going fly . in the market chart black candles going Up trend
supporting and resisitance in good position. there is good flexibility in market chart to take Buy position.
so, trade with confidence, and not to be confused. If you face lose then not to worry about this loss is just part of trading.