Principal

Forex Technical Analysis: Trend potential

Presented method is the method of technical analysis, which statistics of accuracy is within the range of 60-70%. It is based on three key indicators (Bollinger bands, ADX and RSI) as well as on price levels and price action signals. Analyst Alexey Panasenko is the method's author.

Subscribe to our RSS
Forex Technical Analysis: Trend potential feed

Comece
a negociar

Abrir
Conta Demo

Forex Technical Analysis: Trend potential

Forex technical analysis helps to answer the questions: How to interpret Forex rates? Buy? Sell? Close a trade? Take profit or let it run for some more time? Will it face reversal or go trhough correction? Accept a loss and “flip over” or wait for some more time? Finally, how to define Forex trend?” All these questions drive a trader (mainly beginning) crazy, if he does not know the answer. By the way, who will dare to claim to know the answer? Forex exchange rates are cruel towards one's self-confidence and arrogant manner.

Nevertheless, it is subject to regularities and daily techical analysis forex. There are plenty of strategies on Forex trend lines. We are not so much interested with the direction of fx rate along major lines (this is interesting too, though) as with the Potential of the Forex trend. The main purpose of our Forex technical analysis report named "Potential of Trend" is to find if current price goes through correction either we face a trend.

Example of Forex technical analysis

13 - 17 Fevereiro	weekly forecast 13 - 17 Fevereiro Weekly Review. S&P500, Brent, gold S&P500 Monthly chart: finally, ADX is growing. Considering strong bullish pressure another wave of mid-term growth might be expected. Now we need to trace market reaction on weekly upper Bollinger band (2342.3) Weekly chart: here we have aggressive trending ADX, that means that level Mais
2017	EURUSD	GBPUSD	USDJPY
17 Fevereiro	Rise to 1.0770 followed by fall Daily chart: yesterday as had been expected bulls managed a very successful session in their favor forcing the price almost up to middle Bollinger band (1.0694). Now breakout of 1.0770 region would be appropriate, as we remember in this region there is an entry to bearish Over&Under pattern. Mais	Flat continues at 1.2450-1.2514 Daily chart: flat continues within narrowing Bollinger bands (1.2371-1.2653 range). Major price rotation region is 1.2477 (middle Bollinger band). Н4: more localized flat corridor is 1.2408-1.2536 (Bollinger envelopes range). ADX is weak and falling, so the price is not likely to go beyond specif Mais	Strong support level at 112.94 Daily chart: ADX doesn't support trend ambitions yet, so expected decline towards lower Bollinger band (111.73) is likely to pass without impulse movements. Н4: strong local support level is on lower Bollinger band (112.94). ADX is not active yet but keeps growing. That can cause further downward Mais
16 Fevereiro	Trading bullish Over&Under!	Touch of 1.2546 expected	Entering down at 114.17 and 114.45
15 Fevereiro	Sell again from 1.0597	90 pips for today trading	Drop from 114.57 expected
14 Fevereiro	Bearish trend potential	Price rotation before big bearish O&U	Sell from 113.66
13 Fevereiro	Technical contradictions between key time frames	Flat at 1.2445-1.2523	Drop to 111.57 expected!

FreshForex is a brand that provides access to online trading for clients from more than 158 countries all over the world. The Company's partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 19 years.
Clients must be at least 18 years old to use the services of the Company.
The company's services and information on the site are not intended for citizens and residents of some countries, such as Belgium, China, North Korea, France, Hong Kong, Russian Federation, Spain, Great Britain, USA, and also countries identified by the FATF as high-risk countries or countries with serious AML/CFT deficiencies; countries or regions that are under international sanctions. A complete list is available on the "Countries where the company's services are not provided" page. The Company does not have representative offices in the Russian Federation and does not register clients from the Russian Federation.
Risk Warning: Trading financial instruments with leverage carries high risks and can result in both profits and losses. Potential losses are limited by the deposit amount. Before deciding to trade, the client should assess their risk tolerance, experience, and knowledge level.

Freshforex.com uses cookies for better website operation, traffic flow analysis, and personalization. By using this website you agree to our Cookie Policy.
User Data privacy is protected in accordance with GDPR. The SSL certificate installed on the website transfers the information over a secure protocol.
The site contains links to websites of third parties. The Company does not check or control the third-party resources that are in any way related to the FreshForex site, so the Company is not responsible for any third-party information or materials posted.
By creating a link to a third party website, the Company does not endorse or recommend any products or services offered by the third party.
The website content is intended for informational purposes only. It should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized. It also should not be considered as an offer/solicitation to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as a recommendation to buy, sell or otherwise deal with any particular currency or any other trading asset investment. If you are not sure about your local trading regulations, please, leave this website immediately.

© 2004—2024 FreshForex – Forex broker
Reproduction of the contents is allowed only with active hyperlink to original source.

Forex Technical Analysis: Trend potential

Nossos melhores prêmios: