Be Ready To Catch The Indication And Confirmation

Hello friend welcome to the #Traderlifestyle

I hope you had read my lost blog Try To Be Limitless When You Are The Trader.and now today I am talking about one of the most importent things in trading is to catch the right indication and confirmation before taking the trade. as I told you trading is all about the probability-based concept if you have a high imaginary view so it is easy to possible for you to catch the right indication, ones if you get the indication then the important thing is to get the confirmation. and be sure confirmation will be your last indication &and none of the other indicators.

Now I Want To Share You How I Find the Indication

1. NZD\GBP

this is the monthly chart of the NZD\GBP in this chart you are clearly seeing that it is an uptrend in the long run but now it takes some correction, I hope you had heard about the basic chart pattern is impulse correction impulse I am sure after the correction you will see a solid uptrend in this currency pair.

this is the closer look of the correction here you are seeing that the range moving between downward corrective channel. in this downward channel, I am looking one great indication and now I hope you also get the indication. lots of time you had heard about the History Always Repeat Itself, just look the image in which I forecast chat, first circle in which there is the H&S continuation pattern same now it is going to be repeat ones, this is nothing but A Are Of Reading Chart pattern.so this is the indication I get in this currency pair and there is the very high probability that history repeats itself again, now I am just waiting for the confirmation.

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Read my last blog's
why journaling your trades is important
Definition of a consistent trader
types of the price action chart

😊😊stay tuned 😊😊

💘💘Happy trading💘💘

Comments

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