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TIP on GBPUSDhey guys when you trade you have to understand the market behavior. recently I have started to notice 1 particular behavior this morning and yesterday also. goto 5min at 10.30. -1st gbpusd will create high/low (in this scenario it is creating high) and -then creates low and -then goes up just and then comes down just to take the low it has created after 10.30 am. I have noticed this on Tuesday and Wednesday. your job is to check on Thursday and Friday. I took entry once low is taken out, and currently took short bcz a huge candle move due to an event and I thought now everyone will book their profit, and also rsi was weak. It originally TP hit but I have decided to go for the huge move just bcz I have booked my profit in the morning trade(the psychology part) currently, i am travelling, will try to update my analysis before my trade
by BitcoinWorldYt
AAPL: Breakout of EMA-50 to the downside since January 23, 2023.The break of the EMA-50 to the downside represents a major correction as since January 23, 2023, the EMA-50 has been dynamic support where the price touched it on March 1, 2023, and then came very close on March 13, 2023. After these dates, AAPL remained distant from EMA-50 until today, when it made the downward breakout making a gap and closing at 181.99 below EMA-50. On the other hand, the relevant FIBO levels are 38% at (169.25) and the most important 50% at 160.78 coinciding with SMA-200.
NASDAQ:AAPL
by serpenttrading_