Thread: Aud/Cad
hello guys today market trand sell bearish,
current price ko or kal ke price ko dekhty howy market aj sell ja sakti hai,
or strong support or resistance ko bi ye dekhna hai phr market ka analysis krna hai,
phr trade strong support or resistance se jab tach kry gi to us k baad entry lena hai,
good luke and keep up it,
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Bilal12 (2020-09-12), Hafizajmal (2020-09-12), Nisar12 (2020-09-12)
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
Good luck everyone
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Bilal12 (2020-09-12), Hafizajmal (2020-09-12), Muhammed Awais (2020-09-12)
Hello members of this honorable forum. The pair is trading in a downward direction below the moving average lines on a daily, 4 hour and 1 hour chart.
Now, the price will correct back to a higher level after the price received support from this level. Thus the price is considered to be bought in the near term
As for the preferred selling levels in the near term, they are as follows
Selling when the price reaches moving lines and the emergence of price action. The price of the pair is still under negative pressure again, and this is a continuation to its downward wave at the end of last week after negative news on the dollar, as we find that the price is currently moving in a downward wave in a fluctuating manner due to the form of price pressure On the quarter hour frame, in addition to that, the price is close to ending a pre-emptive harmonic pattern on which the bat is drawn on the chart attached to the analysis, where I expect the pair to reach at the end of the session today to the potential reversal zone. My advice to you is to respect the management of capital and place a stop loss order
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Bilal12 (2020-09-12), Hafizajmal (2020-09-12), Muhammed Awais (2020-09-12)
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Babarali123 (2020-09-12), billyboy00007 (2020-09-12), Hafizajmal (2020-09-12), Muhammed Awais (2020-09-12)
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-09-12), billyboy00007 (2020-09-12)
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
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-09-12), billyboy00007 (2020-09-12)
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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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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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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I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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