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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
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
Keep it up
A.O.A.Dear.friend .
Ji haan Forex trading app bahut hi jyada achha hota hai agar aap ise use karna Chahe to yah bahut hi jyada Aasan bhi hota hai Kyunki is AAP bahut kuch purchase bhi kar sakte hain aur jo chahe Woh kar sakte hain aur agar aap order bhi Lagana chahiye to vah bhi aap Laga sakte hain Kyunki is aapko Pata Lagane mein bhi bahut hi jyada Aasan Nahi Hoti Hai Kyunki isme koi bhi difficult cheez nahi hoti Jo Kiya aapko pareshan kare Good louk thank you .
In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.
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
Keep it up
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
Current pair is EUR Aud
Today my opinion is that the above said pair going up side, between resistance and supporting levels the price are indicating Bullish trend in market. we have to trade with Bullish trend considering current situation of market and also aware with daily bulletin before trading for better profit earning in trading market. www.Indian Forex Forum is great platform for trading and earning easily.
Thank you very much
त्वरित प्रविष्टि के लिए, आप प्रति घंटा समय-सीमा देख सकते हैं। काम करने का स्तर खरीद / बिक्री के निशान 1.6555 और 1.6418 होगा। जब प्रति घंटा मोमबत्ती स्तर के पीछे बंद हो जाती है, तो हम व्यापार में प्रवेश करते हैं। खरीदें: स्टॉपलॉस - 1.6455 टेकपॉफ़िट - 1.6855। बेचने के लिए: स्टॉपलॉस - 1.6518 टेकप्रोफ़िट - 1.6118 केवल टीपी या एसएल द्वारा एक व्यापार से बाहर निकलें। अन्य विकल्पों के साथ, व्यय पक्ष बढ़ सकता है और लाभ घट सकता है।
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