Support and resistance system should only be used in a higher timeframe chart, like one hour and above. This is necessary because at such a higher time frame, brokers cannot manipulate the price to my disadvantage.
How I draw strong support and Resistance
Before I call a level strong, the same level must met the following conditions.
Again, when drawing my support and resistance levels, I use a range, not a single line, this is because price tends to test particular level before retrieving, range caters for these levels.
| 19 - 23 Setembro |
weekly
forecast 19 - 23
Setembro Gold Weekly Review: Weekly Review: During the previous week ending 16th September 2016, gold markets traded perfectly short as previously forecasted and ended up giving a bearish continuation candle on the weekly chart, we expect to continue to the lower side for the better parts of this wee | ||
| 2016 | EURUSD | GBPUSD | USDJPY |
| 23 Setembro | Wave Analysis Yesterday, Euro hit our most expected resistance level 1.1252 but ended up rebounding from it. During this intraday, we expect a retest of this resistance level to confirm the unfolding of a long-term bearish trend. Any clear breakout above 1.1252 may invalidate the anticipated down | Wave Analysis As previously forecasted, the inner corrective wave 4 traded long but could not go above the upper resistive trend line, we are waiting for a clear rebound from this trend line to give us the green light to continue short with the inner impulsive wave 5 and the outer impulsive wave E. | Wave Analysis On 21st September 2016, the impulsive wave (c) traded massively short and even engulfed the previous day's(20th Sept. 2016) Candle. The previous two day's candles are pretty much inside the 21st candle of this month, meaning, bears are still in control of the market; that the current |
| 22 Setembro | |||
| 21 Setembro | |||
| 20 Setembro | |||
| 19 Setembro | |||
en 
cn 
id 
ar 
ru 
vn 
es 
th 
kz 
ua 
tj 
uz 
az 
ms 
