Trendline is a type of support and resistance. We all know about support and resistance a very basic form of technical analysis in forex trading. Trendline also act as support and resistance. How? Answer is that the support and resistance…
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NZDCHF Analysis && EURJPY Analysis
Forex Technical Analysis by Ali Muhammad- Nov 2nd 2020 – Nov 6th, 2020 NZDCHF Analysis: Looking to buy from the below demand zone between 61 and 78 Fibonacci level. Trend: Trend Reversal on break of last lower High in NZDCHF.…
FTR, Flag Limit, and Pole Pattern
In this article, I will discuss Flag limit, flag and pole pattern, FTR (fail to return). By understanding these terms, one will be able to read the market. How does the price move? Hidden Orders? Path of IT’s (Institutional Traders)?…
NZDJPY Analysis
NZDJPY Analysis by Ali Muhammad- October 18th 2020 – Jan 15th, 2021 NZDJPY Analysis: Looking to sell on retracement of price to upper trendline of broadening wedge pattern Trend: Bearish Trend, Lower Low formation after HH has confirmed the change…
