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Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time
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Today indicators shown bearish short terms trend
Pivot Point :71.10
Supporting Levels:
Support 1: 66.78
Support 2: 68.13
Support 3: 67.18
TREND: BULLISH
Resistance Levels:
Resistance 1: 71.23
Resistance 2: 71.34
Resistance 3: 71.40
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
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Hi traders,
Today by checking the all routine of the chart and indicator I have come to know that today the market will move in down way so I suggested that today we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends. My all best wishes are with you. Forex is a tree of money also it's a risk so trade on your own risk.
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NZDJPY
trend strongly
bullish
1... Support 64.43
2... Support 64.02
3... Support 63.72
1... Resistance 64.82
2... Resistance 65.22
3... Resistance 65.58
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time frame support and resistance levels : Daily ,H1 AND H4
indicators: Bollinger Bands and fibbonanci
market trend condition today : Bullish
kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down. price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price upward jayega to is time par sell karna chahiye
ye pair abi strong resistance or fibo level zero par hai.agar ye es resistance ko todta hai to ese khridna chahiye. I hope is trade se ham profit earn kar len
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Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.
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Forex is not an easy task I know that is not made easy for every one for those who are ready to control their emotion fair and even greedy are trade in forex... forex is not easy to study and earn money easily. Half see values move the tiring, exhausting 100% accuracy is usually not a CI management we have | If we | {but maybe Easy Forex are usually after a projected movement of the United States Treasury does not appreciate} turned greedy, got the most benefit.
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market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
everyone use his strategy by its own opinions. some peoples used fundamental approaches, some people used moving averages and other then used supports and residences,who help him to make his strategy .
I hope you can earn more profit this week
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I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today
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 trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.
