Fibonacci retracement is one of the most widely used tools in forex trading for identifying precise entry and exit points. It is based on the Fibonacci sequence, a mathematical pattern discovered by Italian mathematician Leonardo Fibonacci, where...
Risk management is a fundamental pillar of Forex trading, encompassing the strategies and techniques used to identify, assess, and control financial exposure in the market. While trading strategies aim to generate profits, risk management ensures...
Hello traders, my analysis today focuses on the technical setup of the NZD/USD currency pair. However, traders should always pay attention to fundamental events too as this can overturn technical setups at any time. H4 CHART ANALYSIS: The...
Hello everyone. Let's analyse the AUD/USD currency pair based on technical setups on the H4 and D1 chart. H4 CHART ANALYSIS: Observing the chart above, we can see the formation of an AB=CD harmonic pattern on the 4-hour timeframe. However, the CD...
GBP/USD Analysis: Bears Maintain Control as Price Hovers Near Critical Support The GBP/USD H4 chart currently presents a clearly defined bearish structure that has been developing over several weeks. Looking at the price action, the pair is...
