Hello everybody
We hope that anyone took profit from the market and be happy in these of ranging price.
According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position.
If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss.
Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart .
Previous analysis :
If you have any question send us messages
Good Luck
Abtin
We hope that anyone took profit from the market and be happy in these of ranging price.
According to the chart as you can see we have resistance zone that the price impacted to it in more time and at this time we again impacted to it and now at this time we have reverse hammer and evening star but we need to see the close of this candle and if this candle will close in reverse hammer type with powerful body that makes that pattern we can take short position.
If you wanna use this analysis you can also use lower time frame to take trigger for entrance and have smaller stop loss.
Dont forget use stop loss and observe to capital management as you can see we put it but at first if you have any strategy for trading use it if you dont have you can use what we shown on chart .
Previous analysis :
If you have any question send us messages
Good Luck
Abtin