Bullish Engulfing Candlestick Pattern 1. Pattern Overview The bullish engulfing candlestick pattern is a two-candle reversal formation that can signal a possible shift from bearish momentum to bullish momentum. It is commonly observed near the end...
1. Overall Market Structure On the EURUSD H1 chart, price is showing a recovery from the lower liquidity area around 1.1455–1.1460 and has moved back toward the 1.1487–1.1490 resistance region. The structure in the latest candles is relatively...
NZDUSD H4 - My Analysis for Upcoming Week 0.57158 V1 - Structure: Full bearish breakdown. Market made a double top around 0.59840 on 21-24 Aug, marked by yellow fractals, then failed. From 28 Aug it started making Lower Highs and Lower Lows....
Overview of Algorithmic Trading Strategies Algorithmic trading uses quantitative models and automated processes—moving from data processing and signal generation to risk management, execution, and performance review. These systems allow traders to...
Basic Price Action in Forex Trading Price action is the study of how price moves on a chart. Instead of depending mainly on indicators, price action traders focus on candles, highs, lows, market structure, support and resistance, breakouts,...
