GoodTradeST

RECOGNISING CHART FORMATION 🧠

FX:CADJPY   Canadian Dollar / Japanese Yen
Hello Traders!

In this post, I want to present how important is to recognize chart formation, set up correctly resistance levels, and find a good position to execute the trade.

For better practice, I will recommend analyzing the history of any chart and trying to search for resistance levels, order blocks, and breakout points, and anticipate a good position for trade execution.

This exercise will help us to have better visibility of the chart and will help us to anticipate future movements.

Keep in touch!


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