SK FxTrader

SK FxTrader We are providing free forex options signals to help individuals.

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There are two ways for a trader to draw a trendline :-1. From body to body2. From shadow to shadowThere’s no compr...
15/11/2021



There are two ways for a trader to draw a trendline :-

1. From body to body
2. From shadow to shadow

There’s no compromisation for these two ways. Both can be use in a single time. Both of these ways are valid for every currency and commodities pair.

This is a Pattern Chart that usually occurs at the gold pair. It's easy to trade this gold. Let's try to look and ...
11/11/2021


This is a Pattern Chart that usually occurs at the gold pair. It's easy to trade this gold. Let's try to look and observe one by one the pattern chart that I show here.

All of this usually exists before the fast -moving market. This can be considered as a sign of a change in the direction of a market.

Later I will explain in more detail. Let's see it first

DOUBLE TOP AND DOUBLE BOTTOM

1- Double top is the price up to the resistance part for twice. Strong resistance causes the price to not be able to break the resistance which has fallen

DOUBLE TOP: SELL ONLY

2- Double bottom is the price up to the support as many as 2 times. The strong support section causes the price to fall further and continue to rise

DOUBLE BOTTOM: BUY ONLY

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