From my experience with HFM false breakouts usually happen when there is no continuation from higher timeframe structure. I stopped entering immediately and wait for confirmation or retest. This reduced my losing trades...
Gold Market Analysis: Let's discuss the movement of the gold price. This pattern may be significant because it is within a range like an intraday cloud, rather than at extreme levels. The price may fluctuate within this range intraday, moving...
On the H4 chart of AUD/USD, price action reflects a market that has recently shifted from a broader range into a bullish recovery, but is now encountering resistance and showing signs of short-term weakness. The earlier structure was largely...
Crude Oil Trend Outlook: Currently, we are dissecting the Crude Oil price action assessment. The pattern of the head and shoulders is intriguing, though only partially transparent. The head appears oversized, and the shoulders slope at roughly 21...
EUR/GBP Daily Chart Analysis The euro is trading relatively flat against the pound, hovering around 0.8675. This reflects the lack of a clear market trend despite the solid economic data. Price action remains limited near the 0.8680 resistance zone,...
