We can see LH and LL printing on the weekly chart.
There is also a lot of uncertainty about the election result.
Possible drop to the previous support zone (~1550)
If this zone breaks, very likely to send us to ~1500 and bounce there.
Going back above 1680 will invalidate this.
Good luck trading!
With the GBPUSD reversed from 1.3100, the figure is currently falling to 1,3000 before questioning an immediate upward trend at 1,2985 and 1,2960/55. If the Bank of England (BoE) were not able to deception the Pound Bulls, they would have been able to catch the quotation of 1.2955, 1.2900 and the latest low of near 1.2865. Meanwhile, the immediate...
Breakdown of the rectangle chart pattern in BDMS
Bangkok Dusit Medical Services Public Co. Ltd. is dedicated to the health care business. The company operates through two segments: Hospital Operations and Other Businesses. The value is listed on the Stock Exchange of Thailand.
The BDMS price developed a rectangle chart pattern of possible distribution zone, of...
Using the basically technical analysis (Support and Resistance) and fundamental. I expected the price of PTT will go up in the short term depend on the oil price. Based on the oil price, now the price of it also touched the resistance at 42.20 US per Barrel in D time frame then the price go up to approximately 48.20 because of OPEC. Now we should looking closely...
First off, I would click the megaphone and hit make it yours so your chart will match mine.
I've put quite a bit of time studying various methods and indicators. These are what I trade with day in and day out. If you just used the indicators at the bottom, you would be a successful trader with proper risk management. In ranging markets when the Shaff trend line...