1. On 4 hours timeframe of GBPUSD, there is a double top pattern which has two false breakout candlesticks were resisted at the resistance region at the fibs level of 100
2. After that, GBPUSD was continually to react downtrend market which has lower descending trendline indicated the downtrend structure
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1. On 4 hours timeframe of EURUSD, the market was moved up and retested the price reversal at the higher descending trendline and the price was broken the higher descending trendline and continually to move up the market until to the resistance region of 1.09905.
2. At the resistance region 1.09905, EURUSD was moved a downtrend market direction and retested the...
1. On 4 hours timeframe, you can see this is an ascending trending market which has swing high and low to move up the market. However the price has broken with the candlestick pattern of three black crows.
2. After that, double bottom pattern was reacted at the descending trending market was breakout at the higher descending trend line and resistance region of...
On 4 hours timeframe, you can see AUDUSD is reacting the market retracement when the selling signal is weakening at the supporting region of 0.62812. After that, the market is reactive to retrace the market direction of AUDUSD. However, the market is weaken to retrace the market due to the reaction long wick candlestick. On the forex trading, long wick...
1. On 4 hour timeframe of GBPUSD , you can see this is an ascending triangle pattern on the market chart, which indicates the market is continually moving upward until the buying candlestick shows the false breakout on the top of ascending trend line .
2. After that, GBPUSD was collapsed by the price broken below the descending trend line . On last Friday market...
On 4 hour timeframe, you might see this is a long term bullish market on GBPAUD when the market was keeping to reject of moving downward at the lowest currency points of 1.95450. However, I'm entered the trade without waiting for confirmation price reversal and market retest at the resistance region of 1.98033, and the price was reversed and touch my stop loss...
4 hours timeframe of AUDUSD
1. On 4 hour timeframe of AUDUSD, you can see this falling wedge pattern reacted on the market chart, but the market chart didn't react market downward at all. Be instead, the market chart was resisted at the supporting region of 0.59970 and AUDUSD was slowly to move upward until the market was rejected at the resistance region of...
4 hours timeframe of USDJPY
1. On the 4 hours timeframe of USDJPY, you can see this is a conservative bearish structure reacted on USDJPY. At the currency points of 109.000, the market was slowly to react the market pullback and be kept to resist at the resistance region.
2. At the resistance region of 109.000 and the supporting region of 107.472, the head and...
4 hours timeframe of USDCAD
1. On 4 hours timeframe of USDCAD, you can see this bearish market structure reacted on USDCAD due to the falling wedge pattern and the price has broken at the supporting region of 1.4150
2. After that, USDCAD was continually to form market downward while the market was retested at 1.4146 and the price has broken at the second...
4 hours timeframe of USDJPY
1.At the third reaction of lower high and low, you can see the market chart was consolidated at the highest currency points of 111.50
2.Not only that, three of spike candles were resisted at the resistance region of 111.50, so that the market was continually to form market downward and breakdown the supporting trend line to...
4 hours timeframe of USDJPY
1.On the market structure of USDJPY, this is a bullish trending market which was reacted at the lowest currency points of 102.000. Not only that, you can see the double top pattern and the three reactions of higher high and low. At the third reaction of higher high and low, the price was reversed at the highest currency points of...
4 hours timeframe of gold
1.On the market structure of gold, there was reacted bearish pennant and the market was formed market downward from the top of 1600.00 to the bottom of 1460.00. After that, the market was pullback by the long body candlestick and the long wick candle from the bottom of 1450.00 to the top of 1520. While the strong buy candles were finished...
Four hours timeframe of GBPJPY
1.On the market structure of GBPJPY, there are reacted the lower high on the bearish market channel pattern , which means the market is continually going to bearish structure and the price has continually to break from the highest to lowest currency points. However, the market chart didn't hit my confirmation entry price level and...
One hour timeframe of GBPJPY
1.On the trading strategy of GBPJPY, I'm made two mistakes on this trade.Firstly, I entry the market without the confirmation price level at 130.600. In the trading process, I was decided to take long position on this trade and the highest pips value were 75 I've lost while the market was continually to decline.
2.Secondly, I was...
30 minutes timeframe of Gold:
1.If you are the forex trader with the beginner level, I'm not recommended take a trade on high risk commodities too much such as gold,silver and oil. Because there are staying the higher market volatility due to the crisis of COVID-19.
2.On the 30 minutes timeframe of Gold, you guys can see the market chart was continually to go...
30 minutes timeframe of Gold:
1.There is a bearish market structure on the gold market, due to bearish pennant pattern was formed and the price level is kept to rejected at 1685.00 and the price level has broken down to form a first downtrend structure.
2.On the gold market, the market is continually to rejected and the price level has broken at 1670.00. However,...
30 minutes timeframe of GBPJPY:
As a forex trader, I'm made a big mistake on the trading execution of GBPJPY currency pair. As mentioned above, I didn't have to fulfill my trading target due to greedy mind. On the trading setup of GBPJPY, I took 132.42 as a target profit distance and the 134.30 as a stop loss distance but I'm still holding the currency pair until...
One hour timeframe of GBPJPY:
1.GBPJPY is sudden to spike low with the long body of selling candlestick,and if the candlestick was breakout of the resistance trend line, it might be hitting my confirmation entry target. Be instead, if I were entry while the long selling candlestick was forming, and the market chart is sudden to pullback, the entry level is a...
