FXAscii

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii Updated 

Every month i will publish Weekly Structure ideas, so you have better idea of what's happening! CHECK UPDATE SECTION FOR MORE INFO!

FXAscii

In this case we're using 15 min chart, to see how usually price is behaving during 24 hours... At the beginning of the day during Asian session, price is accumulating, in range, (Support and Resistance), Sooner or later we'll see breakout of the range, making breakout traders open (Sell, Buy) positions, After that price will go in their direction, (usually 10 - 15...

FXAscii Updated 

Sell at Resistance, and Buy at Support, blah blah blah...that's what everybody is saying... Support and Resistance levels are MAN-MADE, made by Smart Money, it's by Design for you to FAIL... All i hear is 'Sell USD/JPY', that's why they lose, they're in 90% side, seeing and doing what everybody else is... Wait and you'll see what will happen with that Red Box on...

FXAscii Updated 

As we know, 2020 started with conflicts between US an Iran, spiking gold higher than we all expected, reaching 6 year high, 1600.0 +. Now we are re-testing 1550.0 level, as price went above it! For now, it looks like price is making M formation above resistance level (Top), which is the best place for that, as price could Trap buyers, and drop back to 1450.0...

FXAscii

Market makers likes to push price in W/M patterns, different than ( Double Top ), as it's usually few candles (6 - 10 candles) It usually forms after impulsive move, changing direction of the trend! It's better to trade it on lower time frames as 15, 30 minutes, but once you can identify it on bigger time frames, then you can catch really good trades!

FXAscii

Market makers likes to push price in W/M patterns, different than (Double Top), as it's usually few candles (6 - 10 candles) It usually forms after impulsive move, changing direction of the trend! It's better to trade it on lower time frames as 15, 30 minutes, but once you can identify it on bigger time frames, then you can catch really good trades!

FXAscii

As we can see, price was moving towards 76.000 psychological level, where previously price respected it! It was very obvious level, where many Retail Traders would open sell position as soon as price have touched resistance level, or breakout traders would put their Long pending orders above the resistance zone! As this was very obvious levels where retail traders...