I was following the Gold market, for the past several days. If you’re familiar with the Head and Shoulder pattern, you know how does it work, and Gold Draw three in a row, recently.
ShahinM's Blog
Seems like I was right ✅
Earlier, I’ve shared an opinion of mine on GBP/USD chart, and have predicted that there would be a drop of the price toward 1.19, and then a raise to 1.40. Which is gonna be an opportunity to make half of a million profit, only, with a $100 position. Apparently, not only that I was right, but also it took less longer than I was expecting.
The question would be who had entered the position?!, cause I had not!
The question would be who had entered the position?!, cause I had not!
The ceiling has been broken!
I’m not sure about you but Trading in between a Ceiling and a floor, or by other words horizontal Support and resistance lines, I believe is one of the most popular ones,
The pair EURGBP which was moving between a ceiling and a floor, has just broke the ceiling which is the sign of a further pass of the ceiling,
A drop toward nearly Pivot point is expected,And also would be a good point to enter the position
Happy Trading
The pair EURGBP which was moving between a ceiling and a floor, has just broke the ceiling which is the sign of a further pass of the ceiling,
A drop toward nearly Pivot point is expected,And also would be a good point to enter the position
Happy Trading