Market Overview The attached hourly chart for GBP/USD illustrates a notable shift in market sentiment over a six-day period from July 24 to July 29. The pair initially demonstrated strong bullish momentum, advancing from volatility near the 1.3300...
“He who wishes to be obeyed must know how to command.” — Niccolò...
Here is a technical analysis of the NZD/USD hourly chart H1 shown in the image: 1. Market Trend Structure Primary Trend. Strong Downtrend. The overall market structure shows a clear series of lower lows and lower highs from the swing high on July...
Never increase your risk to recover a loss. Revenge trading often turns one bad trade into a bad day or...
Primary Trend and Key Levels On the H4 XAUUSD chart, price trades at 4009.28, within a clear bearish primary trend since the 4204.40 peak. Lower highs (4204.40 → 4154.65 → 4104.90) and lower lows (4055.15 → 4009.28) define this structure. The...