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This is great.
Thanks Admin..
I will refer my friends here.
confirm my reinvestment deposit sir
Читать полностью…
Another sample!
The first thing I do is, I pull the Trendline Resistance. I combine both prices that are going down into a line.
Then I pull the Support Trendline. Both prices that are increasing will be made into a line.
When the prices reaches the Resistance Trendline, we can SELL. When it reaches the Support Trendline and it breaks, we SELL.
How to Pull the Trendline? 🧐
For Support/ Uptrend Trendline:
🔘 Look for the two lowest points that are moving upwards, pull from those two points to the end.
For Resistance/ Downtrend Trendline:
🔘 Look for two highest points that are moving downwards, pull from those two points till the end.
Which Timeframe to use when pulling the Trendline?
🔘 Major Trendline: Timeframe (W1-D1-H4)
🔘 Minor Trendline: Timeframe (H4-H1)
Lower Timeframes are not suited for current trend analysis 😁
Sample of an UPTREND trendline.
Our UPTREND focuses on BUY. Be sure to BUY once it hits the BLUE line.
Topic 2: Trendline
TRENDLINE happens to be a line where we mark the shaping fo a trend, be it to predict an elevating trend (UPTREND) or a lowering trend (DOWNTREND)
How does the trendline work?
📈 BUY at TRENDLINE UPTREND
📉 SELL at TRENLINE DOWNTREND
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USDJPY BUY 145.500
TP 145.600
TP 145.700
TP 145.800
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TP 1943
TP 1948
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This is a sample of the Resistance Breakout Trendline becoming Support.
First, just pull both prices that are moving downwards and one you reach the third points, it will break above.
Hence, wait for it to return to the trendline that we’ve marked (3) Buy as the it has already gone through a break out above.
Look at this…
At first, we mark the parts on top as the Resistance Trendline.
Then we identify the Support Trendline!
How do you pull it? Start from two prices that are going upwards for Support Trendline and two prices that are going downwards for Resistance Trendline.
If the price goes towards the Support Trendline, we BUY. If the price breaks above the Resistance Trendline, we BUY.
Samples of Resistance Trendline Becoming Support (RBS)
Читать полностью…
Trendlines can act accordingly to the market behaviour similar to SnR.
What was that? Trendline can act just like SnR? Yeap, you read that right.
The only difference is in identifying the setup. The concept is still the same.
Below are types of trendlines:
🔘 Major Trendline (Pulled from a big Timeframe like H4, D1, W1 & MN)
🔘 Minor Trendline (Pulled from a small Timeframe like M1, M5, M15, M30 & H1)
🔘 Trend Trendline (Pulled from a big time frame to identify the market’s trend eg. Bullish Trend or Bearish Trend)
🔘 Support Trendline (Any Timeframes)
🔘 Resistance Trendline (Any Timeframes)
🔘 Support becomes Resistance Trendline, SBR (Any Timeframes)
🔘 Resistance becomes Support Trendline, RBS (Any Timeframes)
Take note on the types of trendlines guys because we’ll be using all of them. Not even one will be left out. So you need to understand what they mean okay? 🤗
Sample of a DOWNTREND trendline.
Our DOWNTREND focuses on SELL. Be sure to SELL once it hits the RED line.
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USDCAD sell now @1.3500
Sl, @1.3560
Tp, @1.3400
#GBPCAD BUY NOW@ 1.71012
limit@ 1.70900
sl__1.70600
tp__1.71600
tp2__1.72700