Why I also failed today in forex.

Look monthly chart H 1.5994, l0.8250, trend is down,

Look at the weekly chart, high 1.3985,low 1.0350, trend is down,there is tripple bottom

Look at chart, 1hr chart, it breaks previous high and retest on it,here trend is up,it will persist for days, I put sell order.

that is all why i failed.

Why I failed in forex trading

Look at daily chart. high is 1.1161 low is1.0301 it indicates support is 1.0301 and resistance is 1.1161 trend is down.61.8% retracement is 1.0987, So it is strong resistance. there is possiblity to retrace back to down after touching that resistance level. So now temporary uptrend thurst is approximately 223 pips.

 

Look at 4hrs chart. 

It is also uptrend no strong SR near here. So expected price of reversal is 1.098 if it breaks then the next level is 11.1161 strongest Resistance.So 4hrs trend also up,

above mentioned all are probabilities , anything can be happen. with thanks.