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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.
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As All of you know that . this trading pair is too good for best tradong is pair . this tradin TVg pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .Its all becouse of its movement. After the understanding of pro EMA trading analysis. Its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators. So i am always refer the indicator for analysis ... .
pair and that according to the green color shown by the Bollinger. Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side.
I suggest you this analysis indicater for 95% chances...
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band is up
RSI is up
Zigzag is up
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.
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I think this pair still in a bullish trend. yesterday's bearish candle is just a correction before it will continue its bullish trend if seen from the weekly time frame in the form of bullish and overall last week the price movement was still controlled by the buyer while on the daily time frame itself
the trend reversal pattern has been formed quite well so that the opportunity for prices to continue moving up is quite open
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in my opinion this pair will go up again because it still looks bullish so I am more confident we need to open buy again even if it goes down I think it's just a correction and because the market is slow
don't forget if you experience an error always self-evaluate and try to improve don't forget to pray first before doing anything, that way we can be calm in carrying it out and later we can accept whatever results we have tried and be aware that the rise is still far away.
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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
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Pivotal Point= 1.6300
Pair Trend =BEARISH
Time Frame = H 4
Risk Reward Ratio Should Be = 1:2
Take Your Trade With Emotional Discipline.
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Gold ki price hafty k akhar main ak hi din main kafi oper chali gai hae jo k pichly week main nichy gir gai thi .Gold ko ki phli mzahmt $1951 pr rahi is mazahmt ko cross krty hi Gold oper jana shuro ho gia jo k $1965 tk oper gia .Indicators k matabk is tim b market ka tend oper ki janb hae RSI 82 py hae jo is bat ka imkan peda kr rahi hae k market aur oper jay gi . Market k trend ko deakhty hoy oerdr open krain aur lose sy bachny k laey Stop lose aur take profit lazmi lgain .
Best Of Luck
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Today Best pair is EUR AUD
Market trend analysis Bullish
Following are best indicator
Bollinger band Up
RSI Up
Zigzag Up
Market is showing positive signs and going to up position if you like and gain good profit open buy order and gain good earnings. Thanks
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And looking at the hourly deadline. Prices for breakouts will be up and down, 1.6525 and 1.6340 respectively. When the hourly candle closes behind the level, we enter into the transaction. Buy: Stoploss - 1.6425 TechProfit - 1.6825. To Sell: Stoploss - 1.6440 TechProfit - 1.6040 Exit a trade by TP or SL only. With other options, the expense side may increase and profit may decrease.
