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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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The best forex traders swear by daily charts over more short-term strategies. Compared to the forex 1-hour trading strategy, or even those with lower time-frames, there is less market noise involved with daily charts. Such charts can give you over 100 pips a day due to their longer timeframe, which has the potential to result in some of the best forex trades.
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uSD/NOK>>
pivot point :9.15
first resistance is on point : 9.25
second resistance is on point :9.45
third resistance is on point : 9.65
In my observation the profitable next selling point will be 9.65
and by my mind the profitable next buy point will be 8.80
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
ajj market me taazi anay wali hai. traders ke liya zarori hai ke short or resistence ko follow karenor market me sell yani nechey ki janab trade ko open kar lain sab. indicator market nechay
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Current Rate is 1.2935
According to my analysis the resistance and support will be as
1) Resistance : 1.2950
2) Resistance : 1.2967
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kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta haihai jisse iska uptrend shuru ho gaya hai
97.00 ke paas se isse buy kiya ja sakta hai tp 99 rakh ke,,
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Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
$d/NOK
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
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USDNOK current rate is 8.53
USDNOK k pair ki market pichly week kafi down hwi ti lkn ab ahsta ahsta market upward move kr rhi hye
mery analysis k mutabiq market ab upward rhy gi so i suggest k yahan pe hmen BUY ki trade lgani chaye
so Trade Signal Is BUY From Me
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uSD/NOK>>
pivot point :9.15
first resistance is on point : 9.25
second resistance is on point :9.45
third resistance is on point : 9.65
In my observation the profitable next selling point will be 9.65
and by my mind the profitable next buy point will be 8.80
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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Usd/nok
suporting levels are here:
support 1) 8.95
support 2) 8.90
support 3) 8.87
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal because ichimoku made a sell candle in clouds which giving selling trends.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :9.20
i think best time to enter sell trade at 9.20 with tp at 8.90 with narrow stop loss of 9.40
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Usd/nok
suporting levels are here:
support 1) 8.95
support 2) 8.90
support 3) 8.87
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal because ichimoku made a sell candle in clouds which giving selling trends.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :9.20
i think best time to enter sell trade at 9.20 with tp at 8.90 with narrow stop loss of 9.40