Each ''top trader'' should know about every movement of the price on chart. For instance we have to find major highs & lows and compare levels for finding breaks. As you can see on the #usdjpy on 4h time frame, all of the breaks has a powerful basement that we mark them " Supply and Demand zones ". If traders can find these areas and also guess the way of the last...
As you can see in this currency we have a downtrend from last days and. If you trade in the direction of downtrend, your positions will have a good chance to win, But crucial thing is finding block orders areas and learning difference of these areas than resistance-support areas
As you can see #gold is into consolidation space & we should wait for new movement to this chart in 4hour time frame. When the market starts sharp movement ( It doesn't matter up or down ), We'll have pullback to broken structure & this will be great signal to open buy or sell position from hole range area or supply and demand zone.
The price move in these situations is not convincing for a downmove , even if CCI crosses an uptrendline, until CCI gets below +100. This was described on previous chart. I pushed the short entry because I was sleepy, and stopped out. Actually I'm happy that happened, to show you why I need to wait for CCI to get inside +100 before I short. I'll be ready to...