Support and resistance today
R3: 1.9889
R2: 1.9834
R1: 1.9788
Pp: 1.9740
S1: 1.9692
S2: 1.9651
S3: 1.9603
sell from: 1.9741
target1: 1.9700
Stop loss: 1.9789
Good luck for all
Thread: Gbp/Nzd
Support and resistance today
R3: 1.9889
R2: 1.9834
R1: 1.9788
Pp: 1.9740
S1: 1.9692
S2: 1.9651
S3: 1.9603
sell from: 1.9741
target1: 1.9700
Stop loss: 1.9789
Good luck for all
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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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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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Today market Analisisss...
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
"Best"
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Diljit Dosanjh (2020-08-23), RNK2142 (2020-08-23)
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 closed
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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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
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price is not able to move below the support at 1.9660 level and moving up side. this is making a pull up from the 1.9690 and break the resistance at the 1.9796 level but this not move above the 1.9842 level and again in the down trend direction. short this pair with the take profit at 1.9650
good luck
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price is not able to move below the support at 1.9660 level and moving up side. this is making a pull up from the 1.9690 and break the resistance at the 1.9796 level but this not move above the 1.9842 level and again in the down trend direction. short this pair with the take profit at 1.9650
good luck
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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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