Candlestick Patterns for Predicting the Next Candle 1. Understanding Candle Direction The image presents six important candlestick formations that traders commonly use to interpret possible next-candle direction. The patterns are divided into...
Moving Averages: Reading Market Structure Between the Lines Moving averages are among the most widely used technical indicators for understanding market momentum, trend direction, pullbacks, and potential reversal areas. The chart highlights several...
USD/CHF Weekly BOS Confirmed at 0.8174 — Premium Break, BSL Sweep Targeting 0.8379 Daily Technical Context Last Week Macro Fundamentals I examine the daily technical context for USD/CHF as spot price trades directly at 0.82824, reflecting an...
GBP/USD is currently trading around 1.32422 on the daily timeframe, making this level an important reference for the broader market structure. Price action around this area can help determine whether buyers or sellers are gaining control. Traders...
AUD/USD H1 Technical Analysis Current Market Structure The AUD/USD H1 chart shows a mixed market structure after a strong recovery from the 0.70050–0.70100 area. Price initially moved downward and created a low near 0.70050, but buyers then entered...