I am very new to forex trading and i am just learning how to implement my strategy which is pretty basic consisting of Support and resistance, wedges, triangles and Head and Shoulders patterns.
I believe that because of the buyers willing to buy at a higher price into resistance and it being formed on the 15 minute time frame, this will result in the break of the resistance because the sellers will get exhausted and then it will break above resistance!
Obviously, i am in no position to tell you or advise you on how to trade, so please slap some tips onto the comments.
I believe that because of the buyers willing to buy at a higher price into resistance and it being formed on the 15 minute time frame, this will result in the break of the resistance because the sellers will get exhausted and then it will break above resistance!
Obviously, i am in no position to tell you or advise you on how to trade, so please slap some tips onto the comments.