This Formation telles us how the market move domw it's time to close position befor losing Best Regards lahcene...
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The Euro may be bottoming against the US Dollar taking after the presence of a bullish Piercing Line sconce design. A move over the 14.6% Fibonacci retracement at 1.0973 uncovered the 23.6% limit at 1.1291.Alternatively, a push belowthe 14.6% Fib development at 1...
I have used Intelligent CCI indicator that is able to detect the main trend. It makes the signal arrows appears according to main trend. CCI has left Over-Bought level down when the level dynamically is calculated being 109...
humans are caught his feelings. They predict or forecast the market as they wish or they do as they hop the market to be. But the intelligent one indicators that control the weakness in over-sold and over-bought areas are the tools to help humans to make better decision...
Let see what is going to happen, 1- Intelligent CCI has left Dynamic Oversold area at -150. 2- PA has touched Supply zone and pulled back...
At the time we observe the trading time frame, the movement of the price bar depicts the emotional state changes to market participants on a certain period of time. Whether on a time frame of 1-hour, 4-hour or daily, every bar prices reflect emotion and sentiment of market participants...
I have Buy Signal with CCI, but the main trend is Sell yet. And this is the reason that I need to be more patient...
One of the most difficult things in forex trading is knowing the action of the price reversal. In fact a great many technical analysis tools to help identification, but more widely used is a candlestick. Candlestick used as the first clue in identifying the market...
USD is getting more strong and this why we have GOLD to fall. We are in downward trend...
Long on Demand Areas ( TP on Supply Area ). Be aware of upward trend line to be not broken down. As long as this line is valid, the Long position is more safe...
The best area to buy is 1195.15 ( Supply Zone ) with lowest Risk/Rewards. It is also possible to go long at 1202.5 in 61.8 % of Fibonacci with medium Risk/Rewards. 1209 is another support area and possible point to go Long but personally I don't do such this trade due to high Risk/Reward...
As you can see the Gold reach the target around the expected time. The below chart was what has been forecast in few days ago. https://www.mql5.com/en/blogs/post/592013...
https://www.facebook.com/pages/Stechkahnfahrer-Day-Trader/1630026300542971?ref=aymt_homepage_panel...
Lets to keep the long positions to 1203 as for sure TP. The next one target would be 1212. So if you want to keep your position for large amount of profit :) do not risk. Close the half at 1203 and trail the rest until 1212...