EURUSD H4 Chart Analysis: A perfect resistance line that was constructed on two local highs has been broken, as can be seen on the H4 - graph. The price has created an ascending price channel and is currently trading within it following the collapse...
EUR/USD Technical Analysis – Bearish Trend Continues Despite Recovery Attempts EUR/USD is currently trading at 1.14107, and the pair remains in a downtrend, indicating that bearish momentum continues to dominate the market. Although the pair has...
Gold M15 Chart Review: We discuss the examination of the price behavior of gold. The market sentiment for this trading instrument is optimistic, and gold is firmly in an uptrend. The price is currently trading above the Ichimoku cloud, indicating...
Looking at the AUD/USD currency pair, I believe the market has entered a more bearish phase after breaking below an important trendline. This breakout is a significant technical development and suggests that further downside movement is becoming...
Understanding Valid vs. Invalid Market Structure Shift (MSS) Market Structure Shift (MSS) is one of the most important concepts in Smart Money Concepts (SMC). It helps traders identify when market control changes from buyers to sellers or from...