@I-amAea, how do you see it ?
it is not wrong idea.. how do you think it is worng idea?
do you know how to trade Rectangle pattern ?
I show you the resistance, I show you the support channel..
if it break the resistance line, it will go to second resistance channel
first respect to me !
then search google about Reactangle pattern
and dont follow me.. I dont want such a rude people to follow
I share this kind of analysis, for people who want to educate their self.. learn from charts...
these are not signal
And ıf you know, today is national holiday at my country..
and I am at holiday,
now I have a time, and I checked my charts, and start to answer the quesition
RESPECT ! RESPECT ! RESPECT!!!
I-amAea
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@FxCanli, It's better if next time you wrote down arrow as well, that will dedicate your idea. I think 100% of your follower are thinking you thought it will go up! Please .. share all not only in your class room. RESPECT YOUR FOLLOWER TOO.
@I-amAea, No, no, no, no and no! This is not true. If you know a little about trading you know that there is resistance line or zone that needs to be broken in order for one pair to go UP! The best strategy is to wait this zone to be retested after it got broken and then enter LONG position. Even in this case we can be wrong and this is why we have SL. Anyway, no one, even one of the best traders @FxCanli , is not future teller so he can not predict market in advance.
For anyone with a little bit of knowledge this chart was clear buy signal ONLY and ONLY IF the resistance zone at 1307-1309 got broken and confirmed broken.
I am sorry if you lost money today, but it is only your fault because you were impatient. And I guarantee that you didn't have appropriate SL at 2% of your acc :(
amarbham
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This is a great post. Training before trading. Simply cannot just look at someone else's trade ideas and enter a trade. Many things also to do with trade management and strategy