Anne Chowdhury Posted April 11, 2023 Share Posted April 11, 2023 The market maker forms a trap on the chart by falsely breaking through resistance and attempting to break the support level. The price may continue to move in either direction after the liquidity is recorded. The currency pair will rise towards the resistance and keep increasing toward 0.69500 if the price manages to return to the rising support; however, if the price breaches the support, it will collapse toward 0.65700. Strong resistances: 0.67250, 0.6930 Strong support levels: 0.6650 (breakthrough strategy), 0.6560 Still I mostly expect the retest of the resistance at 0.67250 with the subsequent breakthrough and growth to the key liquidity area. Please provide feedback below, and our team will review them. Link to comment Share on other sites More sharing options...
Hanan Öberg Posted October 28, 2023 Share Posted October 28, 2023 Flexibility is offered by Forex because there are no restrictions need to be followed by traders. Traders are free to open and close trades. You can take Forex both as a job or a business and its completely up to you. But advanced trading facilities are needed for better trading. FXOpulence provides signals at times to help traders earn some money. Link to comment Share on other sites More sharing options...
uncle gober Posted November 1, 2023 Share Posted November 1, 2023 Analytical skills are indeed a crucial factor in our success in forex trading. Therefore, as a trader, it's essential to develop and enhance our analytical abilities so that we can analyze the market accurately and profitably with the Tickmill broker. Link to comment Share on other sites More sharing options...
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