This is AUDUSD H1 - and your chart is actually telling a very clean story. 1. What happened before Left side - Downtrend: Red descending trendline from ∼30 Sep. Lower highs, price respecting that line. Classic bearish pressure. 1 Oct 18:00 -...
Primary Trend and Classical Price Action Analysis The H4 chart for XAUUSD (Gold) exhibits a dominant bearish primary trend, characterized by a sequence of lower highs and lower lows that began in early September. The market structure shifted...
Understanding Good vs. Bad Breakouts In technical analysis and order flow trading, identifying valid breakouts is critical to avoiding fakeouts and high-risk entries. Market participants often use candlestick displacement, Fibonacci retracement...
Gold Technical Analysis and Future Market Outlook Gold is currently trading around the 4120.09 level on the four-hour chart following a noticeable bearish movement from its previous higher levels. The price recently reached a high above 4650.00...
USDX H4 TIMEFRAME TECHNICAL OUTLOOK Market Structure The USDX is showing a clear bullish structure on the H4 timeframe, with price advancing from the 99.20–99.40 region toward the current 102.15 area. The chart shows a sequence of higher highs and...