Wicks Don't Count (Valid vs. Invalid Manipulation) One of the most misunderstood concepts in price action and Smart Money Concepts (SMC) is the idea that "wicks don't count." Many traders panic when they see price briefly move beyond a key support,...
I am observing the USD/JPY pair as it trades around the 162.36 level, hovering dangerously close to 40-year highs not seen since the late 1980s. I see that the market is in a state of high tension, as investors are constantly weighing the persistent...
USDJPY 1-Hour Analysis: Let's discuss the current examination of the USD/JPY currency pair's price behavior. After reaching new highs at the beginning of the year and under pressure in the 162.319 area, USD/JPY is still negative for the second day....
USDCAD H4 Chart Analysis: The USDCAD price movement today demonstrates trading activity with a narrow range. We anticipate that the price will stop at the 1.41654 support zone, where USDCAD is gradually declining. Purchase if there is a bounce in...
USDCAD Price Action: In this discussion, we will concentrate on the price action analysis of the USD/CAD currency pair. Quotes for the US dollar/Canadian dollar currency pair have regained nearly all of the prior growth from the eighth and are now...
