✅ Ethereum reached the support level. The chart has turned from the level. The price will continue to rise. ✅ 🚀 BUY scenario: long to 1660 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
What is a double top? This pattern appears when the price reaches some levels, makes a high, then goes down for a while. Then it comes back to about the same level and draws the same high at about the same level as the previous one, and then turns around and goes down. With a double top, this pattern is a reversal pattern and favors, subsequently, a downward...
When choosing signal providers, it is a difficult task to determine the quality of the provider. One way of course is to look at testimonials. Testimonials are a common tool used by signal providers to showcase success stories or attract potential customers. While testimonials can provide valuable information about a provider's performance, they should be...
Triangle patterns are powerful technical indicators that provide traders with valuable insights into potential market trends and price movements. Among the various types of triangle patterns, horizontal triangles, contracting triangles, and expanding triangles are widely recognized for their reliability and effectiveness. Horizontal triangles, also known as...
In the world of forex trading, Myfxbook has become a popular platform for traders to share and analyze their trading results. However, as with any online platform, there is a risk of encountering fake or fraudulent accounts that mislead users. It is crucial to be able to spot these fake Myfxbook accounts to ensure credibility and make informed decisions when...
This model is a W-shaped pattern. It is formed at the "bottom" of the market. It serves as a reversal model. When identifying a double bottom formation, look for price patterns that occur when a price has reached a support level twice and failed to break through it. For example, consider a chart with two distinct lows, with a trough in between. The price may then...
Signal providers are becoming increasingly popular among traders, offering automated trading recommendations or strategies to take advantage of forex. However, it is important to be aware of potential red flags that may indicate that a signal provider is not trustworthy. In this post, we will look at some of the most common "red flags" that signal providers can...
1. Impulse Move Buying Opportunity Impulse move buying is a trading strategy that involves buying when the price makes an impulse move from the key level. Price makes a higher high, breaking through the previous high—a break of structure. The market pulls back to 1/3 of the impulse move, and then traders can look for signals. Usually, price action doesn't make a...
Transparency of forex signal providers is an important concept for making successful trading decisions. Transparency of forex signal providers means that an investor can view a signal provider's trading history, including results and statistics. This gives an investor the opportunity to evaluate the verified trading history and make a decision on whether to...
Many traders use indicators these days in trading the markets and they certainly have their place. But the most effective method of market analysis remains the method of determining market structure. Trading based on the underlying market structure can be quite easy because the principle is very simple. What is market structure? We look for trading...
❇️ Finding the right signal provider for your trading journey can be a daunting task. With so many signal providers out there, it's hard to know which one to choose. But don’t worry—here, we’ll go over the best qualities of a signal provider so you can make an informed decision. ❇️ The first and the most important quality to look for in a signal provider is track...
✅ MATIC USDT is moving in a downtrend. The chart has broken through the support level. We expect that the price will continue to decline. ✅ 🚀 SELL scenario: short to 0.7546 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ DOGE reached the support area. The volatility of the chart movement has decreased. The price will bounce again from the support area. ✅ 🚀 BUY scenario: long to 0.07588 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ AUD/JPY once again showed a reaction to the resistance area. The chart is trading near this area again. The price will turn around again. ✅ 🚀 SELL scenario: short to 91.166 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ EURUSD is moving in an upward channel. The chart has rebounded from the lower boundary of the channel. The price will continue to rise. ✅ 🚀 BUY scenario: long to 1.10653 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ BNB is near the support area. The volatility of the movement has decreased. We think that soon the chart will continue the upward movement. ✅ 🚀 BUY scenario: long to 328.3 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ CHF/JPY held the support area. The chart retained the upward structure. The price will continue to rise. ✅ 🚀 BUY scenario: long to 153.498 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
✅ Ethereum has maintained its upward structure. The chart is still moving in an uptrend. The price will continue to rise. ✅ 🚀 BUY scenario: long to 2008 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.