More Info About Forex Trading:. Forex Trading Currencies: Features real-time forex quotes , trading 24 hours a day over five days a week, view currency charts and the top eighteen currency pairs in the global market. Keep track of your trades with real-time currency quotes and charts, view the BID and the ASK price, change in price, high and low for the day. It formed ascending channel reversal structure. Then we see price had a strong LTF breakout from that reversal correction. Wait for clear continuation correction to get in on the As you see, the support level broken out to the downside and turned into a resistance level and the downtrend is in the correction phase for now.
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There is a negative hidden divergence between MACD and price peaks: although price made a lower high, MACD has made a higher high which means the downside movement is going to be started again. There is a supply level Leave us a comment or like to keep our The market is closer and closer to its resistance. To catch the next bearish wave, watch a rising channel on 4H. Its bearish violation will be a perfect confirmation to short the pair. First goal will be 1. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied.
I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Hello traders , make sure to see the entire video to understand this market structure , as always make sure to trade safe and follow. We are approaching the end of the local downtrend. I expect a correction to support level 1. The variant with the second level 1.
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