MARKET MOVEMENT
There are two market movements which are BULLISH AND BEARISH
BULLISH means that the market is moving upwards or the common term is UPTREND. In BULLISH market trader will look for buy at lower prices and sell at higher prices to get profits.
Positions for bullish market is BUY
BEARISH means that the market is moving DOWNWARDS or the common term is DOWNTREND. In bearish markets trader will look for sell at higher prices and close at lower prices to get profits.
Positions for bearish market is SELL
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
There are two market movements which are BULLISH AND BEARISH
BULLISH means that the market is moving upwards or the common term is UPTREND. In BULLISH market trader will look for buy at lower prices and sell at higher prices to get profits.
Positions for bullish market is BUY
BEARISH means that the market is moving DOWNWARDS or the common term is DOWNTREND. In bearish markets trader will look for sell at higher prices and close at lower prices to get profits.
Positions for bearish market is SELL
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
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Daily Free Signals & Analysis: t.me/goldsnipper
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Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
HEAD & SHOULDER
There are two types of Head & Shoulder pattern :
1- Head & Shoulder
2- Inverted Head & Shoulder
Head & Shoulder functioned as a pattern for us to look for selling positions. We will sell when we see the first formation of Shoulder and Head. So the sell positions will be on the 2nd Shoulder
Head & Shoulder : Only for sell
Inverted Head & Shoulder also functions the same but we will look for buying position on the 2nd Shoulder formation.
Inverted Head & Shoulder : Only for buy
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
There are two types of Head & Shoulder pattern :
1- Head & Shoulder
2- Inverted Head & Shoulder
Head & Shoulder functioned as a pattern for us to look for selling positions. We will sell when we see the first formation of Shoulder and Head. So the sell positions will be on the 2nd Shoulder
Head & Shoulder : Only for sell
Inverted Head & Shoulder also functions the same but we will look for buying position on the 2nd Shoulder formation.
Inverted Head & Shoulder : Only for buy
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
Support & Resistance
Let me introduce you guys. what is support and resistance(SnR):-
SUPPORT is a place where we find opportunity to enter BUY positions because support is the place where there are strong demands to buy a currency. This will causes the price stops from going down.
RESISTANCE is a place where wfind oppurtunity to enter SELL positions because resistance is the place where there are strong supplies to sell a currency. This causes the price stops from going above.
There are also two types of Suppor and Resistance :-
Support :
- strong support
- weak support
Resistance :
- strong resistance
- weak resistance
Support and resistance also can change when thereβs a breakout(bo) happened:-
Support breakout = support becomes resistance(SBR)
Resistance breakout = resistance becomes support(RBS)
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
Let me introduce you guys. what is support and resistance(SnR):-
SUPPORT is a place where we find opportunity to enter BUY positions because support is the place where there are strong demands to buy a currency. This will causes the price stops from going down.
RESISTANCE is a place where wfind oppurtunity to enter SELL positions because resistance is the place where there are strong supplies to sell a currency. This causes the price stops from going above.
There are also two types of Suppor and Resistance :-
Support :
- strong support
- weak support
Resistance :
- strong resistance
- weak resistance
Support and resistance also can change when thereβs a breakout(bo) happened:-
Support breakout = support becomes resistance(SBR)
Resistance breakout = resistance becomes support(RBS)
Daily Free Signals & Analysis: t.me/goldsnipper
Website: https://tradingwithmragarwal.com/our-packages/
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TWO TYPES OF MARKET TRENDS:
1. Bullish/Uptrend = Upwards
2. Bearish/Downtrend = Downwards
Uptrend :
- Market goes higher from previous prices and make a new high
- HH means Higher High, meanwhile HL means Higher Low.
- Distance betwwen HH and HL is known as retrace dan the trend is BULLISH TREND
Downtrend :
- Market goes lower than previous prices and make a new low.
-LH mean Lower High meanwhile LL means Lower Low.
- Distance between LH and LL is known as retrace and the trend is BEARISH TREND
Daily Free Signals & Analysis- t.me/goldsnipper
Website- https://www.tradingwithmragarwal.com
1. Bullish/Uptrend = Upwards
2. Bearish/Downtrend = Downwards
Uptrend :
- Market goes higher from previous prices and make a new high
- HH means Higher High, meanwhile HL means Higher Low.
- Distance betwwen HH and HL is known as retrace dan the trend is BULLISH TREND
Downtrend :
- Market goes lower than previous prices and make a new low.
-LH mean Lower High meanwhile LL means Lower Low.
- Distance between LH and LL is known as retrace and the trend is BEARISH TREND
Daily Free Signals & Analysis- t.me/goldsnipper
Website- https://www.tradingwithmragarwal.com
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