The Hanging Man pattern is a candlestick pattern used in trading to predict price movements. It's called a "hanging man" because the candlestick looks like a person hanging from a rope. This pattern forms when a small body (the "head") is suspended...
### Bitcoin Short Position Analysis: Bearish Sentiment and Potential Trade Setup In the daily timeframe, Bitcoin has been demonstrating a consistent pattern of lower peaks and valleys, suggesting a bearish trend. The market opened at $64,695.46...
D1 Chart Analysis of AUD/USD The AUD/USD currency pair is currently experiencing a strong downtrend. Despite some recent hesitation, the overall bearish momentum remains intact. The upward wave structure was decisively broken when the current...
EUR/CHF Weekly Outlook: Below are the important levels of support and resistance according to the price action. You should keep an eye on these levels and enter the market only after receiving confirmation. Resistance Levels 0.9413 0.9475 0.9580 ...
WTI Crude Weekly Technical Review The West Texas Intermediate (WTI) crude oil market initially struggled higher but eventually lost those gains, causing significant slowdown. Despite the fact that we have broken from the symmetrical triangle model...