A basic ranging market concept on GJ. Price has approached the top of this range and we will be looking for sell setups but only if proper bearish confirmation presents itself. Looking for a double top formation.
This trading strategy tutorial is designed to teach you how to trade the double top chart pattern strategy. The double bottom reversal pattern is different from the triple bottom pattern and triple top pattern. Although, it is similar to the double top pattern. The only difference is it develops at the end of a bearish trend.
As I cover in greater depth in the trading tutorial To be a Successful Trader – Forget the News, traders move the markets and whilst traders can change their minds and be swayed on what way they are going to trade by many things, ultimately it is the traders who are buying and selling that makes price go up and down.
It is this push and pull between supply and...
DXY actually strong down trend but low previous level of support supply level but no have any confirmation still drop or push up one more thing happen next coming week USD 75% weak event
112.831 is a retest zone and support zone of previous zones ..trend-line was broken, so i see a retest at 112.831 then Elliot wave 3 begins its spike upwards to 113.431 should be our 1st take profit and 113.989 should be our second take profit....
