Break support/Resistance , give confirmation? - We usually trade base on S/R to find the entry point, exit or to predict the trend. - One of an effective and simple way in trading is to trade when price breakout from a S/R level - However, to identify an area or a point of good S/R in trading is mostly based on trading style, knowledge and trading experiences from...
Going back to my analysis on the bigger time frame of NZDGBP, we can see the moving to take a closer look on the 15 minute chart, that the price action has made a lower high and a lower low signifying that the price action will or has reversed as it is at a key resistance level. Additionally, we can see that we have divergence on the histogram signifying a loss...
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SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Technical versus Fundamental Analysis 101 a) Popularity Fundamental analysis deals with the studies of basic financial information in order to forecast the supply and demand, profit, strength of the industry, the ability of the management and some other intrinsic factors, which influence the value, and the growth...
EURUSD: Review 3 Order sell EU on H1. - Three falling pattern forming on H1! (1) (2) (3) (4)
Discussion: Three Falling Peaks Pattern Identification Guidelines: Trading Tactics Link Prior analysis GBPUSD - - - - ( Link: Textbook Encyclopedia of Chart Patterns, 2Ed, page 684-697) Please support the setup with your likes, comments and by following on TradingView. Thanks
Discussion: Three Falling Peaks Pattern Identification Guidelines: Trading Tactics Link Prior analysis GBPUSD - - - - ( Link: Textbook Encyclopedia of Chart Patterns, 2Ed, page 684-697) Please support the setup with your likes, comments and by following on TradingView. Thanks