GBP/CHF,chart

 

GBP/CHF 01-Mar-00:00 -> 09-Mar-11:00 Target Level: 1.2795

SL: (A) 1.2795 Last TP of Rising Wedge RL: (B) 1.2988 Last TP of Rising Wedge Target Period: 2 days   Interval 30 Minutes Pattern Rising Wedge Length 251 Candles Identified 09-Mar-11:00

Rising Wedge identified at 09-Mar-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2795 within the next 2 days.

EUR/JPY, forex chart

 

EUR/JPY 17-Feb-10:00 -> 09-Mar-14:00 Target Level: 129.6310

SL: (A) 128.8160 Last TP of Triangle RL: (B) 129.6310 Last TP of Triangle Target Period: 2 days   Interval 4 hour Pattern Triangle Length 44 Candles Identified 09-Mar-02:00

Triangle identified at 09-Mar-02:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 129.6310 within the next 2 days. Supported by Upward sloping Moving Average

AUD/USD

 

AUD/USD 17-Feb-06:00 -> 09-Mar-14:00 Target Level: 0.7811

SL: (A) 0.7621 Last TP of Falling Wedge RL: (B) 0.7811 Last TP of Falling Wedge Target Period: 2 days   Interval 4 hour Pattern Falling Wedge Length 47 Candles Identified 09-Mar-10:00

Falling Wedge identified at 09-Mar-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7811 within the next 2 days.

EUR/JPY chart

 

	The following assumptions that have been made: - At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification

	Symbol : EURJPY

Direction : Identified time : 2021-03-08 10:10 EST Breakout price : 129.255 Forecast price : 129.5137 Forecast pips : 26 Probability : 68.61 %

Pattern : Falling Wedge Interval : 60 Min Pattern : Falling Wedge Interval : 30 Min

The experienced forex or stock traders

 When you decide what you are going to trade its time to do your research. With out the proper preparation you will fail in either of the markets. The experienced forex or stock traders will take your money if you are adding to losing positions.  You need to learn and analyze each market to make the most informed trades. Before you hit the buy button you need to know what the market is doing and what news might be released the day or week. What is the stocks history is it at support or resistance on the charts all come into play when trading stocks. Is the stock entering the earning season this can be crucial to the movement of the stock.

ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.