If in price action type, price makes a candlestick pattern, we can search for long position up to the box. But if its failed, price will continue to fall to the last bottom. Candlestick pattern is the primary and essential type for entry to the position. Follow and like us if you liked our posts.
Morning traders Working off the 30M time frame here on EURGBP with a follow trend strategy. After riding a long trade from the 24th of November which was a 144 pip move that trade has come to an end this morning and I am now in a sell that has presented on my chart. Personally feel EUR strength wont continue as hard as the last few days. Here's to some profit...
Morning traders. Posted an idea yesterday afternoon on this pair which was in a sell after a successful long trade. That sell landed also and we are now in a long trade hoping for three out of three trades and 76 pips of profit in two days. This is working the 30M chart on a 1:2.15 risk reward ratio. I've been trading this pair since March and the back...
Hey Traders, We've approached the key support and resistance level and started to slow down on that level on daily chart. Market also made a doji candle which shows the sign of reversal from this level If we look at 4h, we'll get decent image of how momentum from sellers is dying and how buyers are coming in hot. Waiting to see final retest from sellers...
Hey Traders, Here is a video for you on gbpusd higher time frame analysis for long.