Price is currently moving within an ascending channel which has potential to move higher to create a 3rd touch of the channel at the physcological level of 1.119 before the bearish run starts.
If price is unable to break above 1.0935 then I will look for a short entry to 1.04 range.
Follow your trading plan and be patient.
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#AMZN - Amazon failed to hold the 115 level Friday and sold off to 109. Amazon can continue to fall until with see some upside in the Markets. Below 109 we can see a continue move to the downside towards 100.00. This will be a bigger psychological level for Amazon.
#psycological_level #watchlist #amazon
markets are in deep red and gonna open in deep red too so this time my personal view on the market will be like no trading on Monday.
Fridays USA markets were in deep red so we can see the panic in our Indian markets on Monday. so I personally would like to wait on the sideline for a better opportunity rather than jumping any other trades.
because markets are...
we expected gold to retrace the the level i indicated but i wasnt monitoring it for any price reversal or break of structure of entry since we need to adapt on how price react so gold just retraced a little and went to our target is approximately 80 pips from support level 6 pip away from our entry but it was an amazing tracking
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This is a quick break down of GBP/USD. i love this setup for the week. this setup looks similar to gbpjpy couple weeks ago.
thanks for following and comment if you have any question. like to support for more creation
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good morning traders, so this is a little breakdown on GBPUSD and EURUSD and what i'm looking at for the upcoming weeks, there's a lot of room on both pairs and now we just need to wait for the time or the confirmation before we take them, don't get the fear and greed of missing out as this can play on your feeling and emotions with trading we don't want this, be...
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.022 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @...
Never has there been so many multiple confluences on a single chart as this one. Firstly, price formed a head and shoulders pattern on the weekly chart, and tumbled down after the completion of the right shoulder and breach of the price below the the neckline. Secondly, prices have managed to stay under the neckline, which was a key psychological level at 14 000....