SanShone

SanShone

Price reached daily resistance and formed strong bearish reaction. It broke previous low and formed new support 33600. Price is testing previous low and significant zone 33900. I expect to see bearish move, but if price breaks this zone then we will likely see bullish pressure.

SanShone

Price keeps breaking highs and forming new higher lows. Uptrend is strong and bulls are in the control. It is likely that this bullish moves will continue. I see potential bearish reaction to 146.000 zone 🔻

SanShone

Price started to consolidate between 1935 significant zone and 1910 support. This support can be considered as a new lower low. Here I marked 3 possibilities. First is support break and bearish move. Second is 1935 resistance confirmation and move down. And third is break and retest of this resistance zone followed with a bullish move. Commend below what you think 📊

SanShone

Price tested 0.90000 zone and we can see bearish reaction. I expect to see bearish move, but if price goes up and breaks this 0.90000, then it could reach 0.90400 zone.

SanShone

Price is still trending down and we can see lower highs and lower lows structure. I expect to see bearish move. I will also keep my eyes on 1.32500 and 1.33200 zones. There is a potential bearish reaction to these zones.

SanShone

Price went down as exacted in my previous analysis and broke previous lows. We can also see new bearish trendline formation and price is currently testing newly formed resistance 1937. I expect bearish move, but if price breaks it, then I advise you wait for a retest and opportunity to buy.

SanShone

Price confirmed our resistance zone and formed double top as a reaction. Price then broke the neckline and also bullish trendline. We can see retest of a neckline and bearish continuation. Currently, price is testing previous high and I advise you to wait for a reaction.

SanShone

The key to becoming successful as a Forex trader is to find the right balance between how much you risk per trade to achieve the desired profit you are aiming for. This balance needs to be realistic and relevant to the technical strategy you are applying. You need to combine risk reward with your strategy. The risk-reward ratio is simply a calculation of how much...

SanShone

Price reacted to 1.09500 significant zone that previously acted as a (H4) support. We can see lower highs, lower lows formation here and I expect to see bearish move.

SanShone

Price found strong resistance at 1.28500 level and we can see descending triangle formation. Price broke our support zone and I will look for the opportunities to sell. Its possible to see a retest of this broken support zone soon.

SanShone

Price formed new resistance zone 1970 and previously broke our support zone, but it was a fake-out. It is very hard to find good opportunity to trade. However, I think there is a higher chance for the price to go down.

SanShone

Price is still trending up. We can see strong bullish trend and many bullish wick rejections that indicated bullish pressure. Price reached 0.68800 zone and I will wait for a reaction.

SanShone

Price keeps forming lower highs. It broke 0.85400 support zone. I expect retest of this broken support or new lower high formation around 0.85600 followed with a bearish move.

SanShone

Hello traders 📊 On this picture here you can see 3 types of breakouts. On the left side you can see breakout examples in an downtrend and on the right side, you can see examples in an uptrend. Breakouts occur when price breaks a certain zone (support or resistance) and in many cases breakouts represent very important moment. This is usually good time to look for...

SanShone

Price consolidated for a while between our significant zones. Recently, price broke 140.300 zone and retested it. It also formed new high 141.500. I advise you to wait for a reaction.

SanShone

Price is still trending down. We can see lower high and lower lows formation. I expected bearish pressure around 1.33500 zone and I decided to sell once I saw bearish pressure.Price is currently testing Daily significant zone, so I advise you to wait for a reaction.

SanShone

Hello traders. Having a trading plan is very important and you should always have a plan before you enter a trade. Here I explained 4 types of possible entries when breakout occurs. You can see here example of a consolidation between support and resistance zones. Strong breakout occurs, and what to do now? Should we sell immediately after breakout? Maybe, but its...

SanShone

Price formed new higher low and continued to go up. We can see now that price broke and retested previous high and I expect bullish continuation.