Orange arrow show where this key level has been used as support and purple arrow shows resistance, we can see price is nearly at this level so we will be waiting for a break or bounce before jumping in this trade again as we had a loss on it yesterday... YES WE HAD A LOSS... WE ARE HUMAN ;p But our view is that it will bounce and make some movement to the upside...
Orange arrow show where this key level has been used as support and purple arrow shows resistance, we can see price is nearly at this level so we will be waiting for a break or bounce before jumping in this trade again as we had a loss on it yesterday... YES WE HAD A LOSS... WE ARE HUMAN ;p But our view is that it will bounce and make some movement to the upside...
blue arrow marks a 360 pip manipulation spike, these are used by brokers to wipe out peoples trades who have set orders or have SL set around key support or resistance areas, its easy money for the brokers! You can see how much of a key area this price was from our orange arrows pointing out where price entered the box and bounced using it as support, now the...
Price has respected and bounced off key resistance on the 4H, 1D timeframe charts, we can see price making a move down to our green box as this is where next key support is, this is also where our TP will be placed. See how simple we keep our charts? It can be done... even by brain dead zombies ;p We know nobody can be correct 100% of the time in the markets,...
We are sitting at such an important resistance level we are going to see a bounce higher than using a pogo stick on a trampoline :p The market is going to get a big pump from the big players in the game ( where they inject loads of money into the market on a buy position, this makes the price rocket ) they will pump all this money into the market which will make...
Price is currently at strong support level and a key trend line, this makes it a strong setup... Get on it and get that money ;p
We have a lovely support/ resistance level that has been respected many times ( orange arrows ) and also a lovely trend line ( TL ) that also has been respected many times, price is currently at both of these levels and when you add in the current weakness of the USD this makes this trade setup a triple threat, so we can only see further upside movement. If you...
I'm going to stop wiping your ar@e on this chart analysis because I can :p I will give you this chart and if you cant tell what way price is going to go then take yourself back to the stone age and go out hunting for your prey with a big wooden bat or stand around scratching your balls because you cant figure out how I am so good when I don't use chart...
I'm going to stop wiping your ar@e on this chart analysis because I can :p I will give you this chart and if you cant tell what way price is going to go then take yourself back to the stone age and go out hunting for your prey with a big wooden bat or stand around scratching your balls because you cant figure out how I am so good when I don't use chart...
Price failed to take out more recent daily highs ( green line ) and we can see a trend line that has formed, now if we see todays daily candle close below such a well respected TL we could see price fall further. And we think this will happen because we believe the economy is slowing down, weakening ready for a recession so prepare yourselves, sell your house...
We are waiting to see if todays candle closes above or below this key resistance level, you can see how strong this level is by where price has previously touched this level and then bounced, But we think price will bounce and make further movement to the downside. You could look at this the same way as buying a house, would you jump in and buy the house straight...
Orange = support Purple = resistance It is crazy how well this pairing respects strong support and resistance levels, if you are a beginner then defiantly stud this pairing and GBP CAD as they show more respect to these levels than any other pairing. Now we set some orders at both these levels and price has just touched our sell order so we are now live and will...
Simple really, I got this chart up and it took me 30 seconds to spot this level, Drawn on are orange arrows where price has tested and respected this level as support, it really is not hard to see at all. So price has already touched this level and bounced slightly, we have set some orders around our support line so if price comes back down to this line our...
Price failed to take out the most recent high after days of bullish movement, we can see price moving down to our target area ( green box ) this trade will give you roughly 130 pips... Thank us later ;p
( circled ) here you are in no mas land half way in-between strong support and strong resistance, would you open a trade here? if you said YES then you really are gambling and should go to a casino, just ask yourself why would you throw money away on a trade that could go either way? you may as well put your money on RED or BLACK. You have to be patient and wait...
I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p It is so simple but yet...
I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p It is so simple but yet...
We can see that price has just bounced off a key resistance level in our resistance zone, you can see where price has entered or just touched this zone and bounced, And price is not far away from an all time high price. Now with the way the US is going and the way its been led by these idiots who are zombifying the whole country... we can see a zombie apocalypse...