How To Make Money Today: Daily Market Analysis and Forex Trading Signals 22 February 2022
To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis and the trading strategy to use today. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…
On the H4 timeframe, prices are on bearish momentum and abiding to our descending trendline. We see the possibility of bearish continuation from our 1st resistance at 115.009 in line with 38.2% Fibonacci retracement towards our 1st support at 114.133 in line which is an area of Fibonacci confluences. Our bearish bias is further supported by prices trading below our Ichimoku clouds.
Areas of consideration:
H4 time frame, 1st resistance at 115.009
H4 time frame, 1st support at 114.133
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