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The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
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Today market trend:Buy
Resistance and support poinst also going up
Parabolic sar bollinger band rsi indicators also tell market up
So think about situation and then easily take decision for trading
Forex trading is a powerfull business in the world
Everyone want earning online and he not know about online earning app forex trading is the best way for online earning
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Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
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Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
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The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown � 0.8485) which should be broken for the downtrend to continue. Expect downtrend acceleration on the breakdown through this support.
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Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
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The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
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Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,19 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree
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Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
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Today market trend:ßearish Sell
Resistance points and Support points going down in 4 hours chart
According to the famous indicators market goes down so we want do the trading in sell
Keep confidence and take a huge profit in forex trading because the confidence is a main key of success
