TrxJahsh

TrxJahsh

Identifying supply and demand zones, looking for opportunities for retests and rejections. Also identifying how price reacts to a previous Wick Or Candle. Lots of break of structures as well

TrxJahsh

The initial aggressive selling that formed a key level of resistance indicates a strong selling pressure in the market. This resistance level suggests that the price struggled to break above it, indicating a potential reversal or slowdown in the upward momentum. After consolidating below the resistance level, the price eventually broke the structure and formed a...

03:24

TrxJahsh

bearish consolidation, key level of support formed after, consolidation, bullish breakout, supports broke 3 times, Had a break of structure, once RSI crosses 70 price potentially, also using Supply and demand strategy, once price comes to either supply or demand, price has a high probability for a retest

01:54

TrxJahsh

A part 2 to this analysis will be posted soon, this is just something i did real quick bc i love doing this

02:41

TrxJahsh

Resistance line: It is defined as the highest high that the price has reached. No price has touched it since that high. Price struggling to come up: The price has attempted to move upwards but faced difficulties in surpassing the resistance line. Bearish breakout: The price eventually broke out in a bearish direction, meaning it moved downward. Consolidation...

TrxJahsh

The analysis i made was correct, very much accurate

TrxJahsh

Price broke resistance which led to a downtrend that consolidated bearishly but came back up a few times within my trend lines. Blue trend line has more than 2 candlesticks touching it and it always rises above trend line to form consolidation bearishly. Price broke out and is currently consolidating according to the direction of the RSI which is sideways. Looking...

TrxJahsh

GBPJPY uptrend creating a key level of support, thus giving it consolidation before price broke key level of resistance in the consolidation stage

TrxJahsh

FX:GBPJPY

TrxJahsh Updated 

trend came up, consolidated, didnt break support, formed a key level of resistance abd will move down