WTI Crude Oil is trading slightly lower on Friday, extending its pullback for a second consecutive session as improving shipping activity through the Strait of Hormuz eases immediate supply concerns. The US benchmark briefly slipped toward the...
*USDCAD 1H: Bullish OB Bounce | Decision: 1.39800 Flip Level* *Current Price: 1.40136* *+0.02% on the day* *According to my analysis* USDCAD 1H just bounced off the *BULLISH ORDER BLOCK 1.39820 - 1.39950* and is now at *1.40136*. Market bias per...
*Pro Trader Technical Analysis: Bitcoin USD 4H Chart* The attached chart displays the Bitcoin to United States Dollar pair on a 4 hour timeframe from OANDA. *1. Market Structure and Trend Definition* On the 4 hour timeframe the market has completed...
Technical and Fundamental Analysis of Gold(XAU/USD) Gold prices fell nearly 1.5% on Friday as the precious metal came under pressure following renewed strength in the U.S. dollar and rising Treasury yields. The decline came a day after Japanese...
Why Most Traders Fail at Pullback Entries 1. The "Volume Profile" Lie Most educators tell you to look for low volume on the pullback, because it indicates a lack of selling interest. This is dangerous half-truth. On the way up, institutions...