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Marco de tiempo: D1
Análisis: El par ha llegado nuevamente a zona de resistencia mayor. Anteriormente la misma ha actuado como soporte y resistencia en varias ocasiones; lo cual da bastante confianza para que reacciona a la misma y pueda caer. Lo importante de mirar hacia atrás y de entender los mercados financieros es que la historia tiende a repetirse.
Áreas de oferta y demanda
S: 125.100 “Lo que separa al 1% del otro 99% es una cantidad ingente de esfuerzo. Es perseverancia. Te tiene que gustar hacerlo.”(Tom Baldwin)
When @dgibbyfit and I be catchin all them pips 😂
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0 121 hours ago
1st trade for this week 💱
Sniper Entries on that M Formation GBP/JPY 💹
Patience and discipline.
ZERO DRAWDOWN TRADE 😮
Let's be patient and let the trade run.
Trading Trend Line Breaks
There are 2 ways that trend line breaks can equal a trading opportunity
Trade a longer term trend reversal
Trade short term trend line breaks to get on the longer term trend
Here we have a down trend and we fanned the trend line due to the strong pushes down in price
Each time price pulls back towards the resistance trend line, we draw a support trend line on the pullback.
The trade is on the break of the trend line.
On the far right of the chart, you can see the main trend line has broken. What do we do now?
We wait to see price retrace to test the former resistance trend line. Will it become support?
We look for price action to tell us.
If we see a muted pullback, that is a great sign for an opposing trade.
Strong momentum in the pullback would have me standing aside until price action showed that there will be support coming in to the market.if you want to learn how to trade the market using my price action trading strategies,
i highly recommend purchase my ebook (the candlestick trading bible). if you are interested,check it out in my bio, or send me a private message.
7 1982 days ago
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