Weekly analysis #webinar for the team on multiple pairs. How to map out your week as trader. I continue working for them and with them πŸ’― #zonetozone #theforexscalper #lifequotes #life #marketstructure #technicalanalysis #freeknowledge #theforexscalper #priceaction #gbpjpy #displine #fx #forex #forexcourse #forexjourney #forexmillionaire #forexteam #forextrader #forextrading #pips #forexeurope #forexusa #forexasia #swingtrading #scalptrader #entrepreneur #onamission #fxmentor #forexcourse ------v---πŸ‘©-----/------- -------/------πŸ‘©πŸ‘©πŸ‘©πŸ‘©-----/----- Follow @trading_forex_big repost @theforexscalper

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Traditional Inverse Head and Shoulders Strategies Starting with the standard inverse head and shoulders trading strategy, entry is taken when price breaks the neckline. Some traders prefer to wait for a candlestick to close above the neckline before entering the trade. The stop loss is placed below the right shoulder (see the picture above). To get your target, measure from the neckline to the lowest low of the pattern (I prefer to measure to the candle body low). Then take that measurement and duplicate it upward If you want to learn in depth, i highly recommend you buy the candlestick trading bible ebook as soon as possible because the link is not going to be get your copy click on the link in bio or send me a private message

Close Relative to Range You should determine whether or not the confirmation candlestick closes in the lower 1/3rd of its total range. Note: If the shooting star itself confirms with a lower close,it will also meet this requirement, because a bearish real body shooting star will always close within the lower 1/3rd of its range. This filter makes sense because a long lower wick represents a bullish rejection of price. The odds of a bearish reversal happening at current prices are lower if lower prices have already been rejected by the market. Also, a candlestick that closes near the bottom of its range is generally considered to be more bearish, so a confirmation candlestick that closes in the lower 1/3rd of its range is an indication that a bearish reversal is more likely to happen.To learn more check out my own ebook the candlestick trading bible,or send me a private message

The next thing you should consider when trading the bearish engulfing candlestick pattern is whether or not the engulfing candlestick closes within the bottom 1/3rd of its range . The idea behind this filter is that a long lower wick (sometimes called a shadow) is a technical indicator that can represent a bullish rejection of price. The fact that price has already recently been lower but bounced back up, which could mean that the market is rejecting prices below the close of the pattern, lowers the odds that bearish strength will follow through driving prices down. Also, in general, bearish candlesticks that close near the bottom of their range are considered to be more bearish. The closer the close is to the bottom of the range the better. 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.

MACD Overbought/Oversold Many people don’t know this about the MACD indicator, but the MACD indicator can also provide overbought/oversold signals as well. Overbought MACD – The MACD is overbought when the MACD line gains a relatively big distance from the signal line. In such cases, we expect the bullish move to exhaust after the strong increase and a bearish move to appear. Oversold MACD – The oversold MACD signal is opposite to the overbought signal. When the MACD line gains a relatively significant bearish distance from the signal line, then you are getting an oversold MACD signal. In this case we expect the price to exhaust in its decrease and to initiate a new bullish move. If you are looking for a trusted forex broker,our broker is regulated by the financial conduct authority (reference number :705428).to open an account with $25 bonus, No deposit on the link in our bio. or send us a private message.

The history repeats identify momentum and major levels on higher time frame and take your entry’s on lower time frame. No secrets education is key. #eurusd #zonetozone #theforexscalper #lifequotes #life #marketstructure #technicalanalysis #freeknowledge #theforexscalper #priceaction #gbpjpy #displine #fx #forex #forexcourse #forexjourney #forexmillionaire #forexteam #forextrader #forextrading #pips #forexeurope #forexusa #forexasia #swingtrading #scalptrader #entrepreneur #onamission #fxmentor #forexcourse ------v---πŸ‘©-----/------- -------/------πŸ‘©πŸ‘©πŸ‘©πŸ‘©-----/----- Follow @trading_forex_big repost @theforexscalper