✅In the world of forex trading, understanding patterns and trends can make all the difference between profit and loss. One popular pattern that traders often look out for is the double bottom, also known as the "W" pattern. ✅The double bottom pattern occurs when the price of a currency pair reaches a low point, bounces back up, dips again to the same level,...
Welcome to the Game Of Resilience .. Structure is the King structure tells everything that you can go for buy or sell trades . sometimes structure will confuse you too so understanding the structure is some what tricky point all over the internet because everyone have a different perspective so coming to the point just this post is to understand the basics of what...
Stocks that are falling rapidly often have the illusion that they will never stop falling. The panic that settles into the mindset of an investor who is watching his or her profits and capital erode overnight can overwhelm a stock’s price action. So for a brief time, the stock can behave outside of what the chart patterns would suggest was reasonable. But the...
Analyzing trends and price changes are two very important things traders focus on to gain profit. Trends allow traders to predict future prices and how they would change. Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a traders success in the market. While...
this is how I identify a reversal or uptrend and trade pullbacks. works best on jpy pairs.
Price breakout happens! Now what? As we all know supports and resistances are the key levels where the price stops, turns or does some floating before making the next big move. Usually, the challenge is to find the right ones where those kind of events will happen. You can see clearly from the graph that there are some key indications to take into consideration...