Mechanical Rules for Valid and Invalid Inside Bar Reversals. Hello Traders, The Inside Bar is one of the most popular candlestick patterns used to capture market reversals or continuations. However, the biggest mistake retail traders make is...
EURUSD 1-Hour Analysis: Today, let's discuss the behavior of the EUR/USD price. Unlike the pound, there were no EUR/USD lows yesterday. The best course of action, though, is to stay out of the market in between trading sessions. At the beginning of...
EURUSD 4-Hours Analysis: On the 4-hour graph and even more so, the principal support is at 1.13950, which is at present crucial because of the support of the 55-period moving average line. Joyous post! The branch multiplies because it is not weak....
Technical analysis of XAUUSD Gold (XAU/USD) remains under significant bearish pressure after breaking below a rising trendline and forming a strong sequence of lower highs and lower lows. The chart shows a clear downside channel developing after the...
XAUUSD 5m: 2 Buy Zones → Targets 4,200+ - Current 4,146.62 Gold 5m is dropping into 2 demand pockets you marked. Current 4,146.62 sits 7.86$ above first buy zone. Arrows show plan: bounce from 4,138.76 or 4,088-4,080 → rally to 4,200+. Structure...