Understanding Highs, Lows, and Channels The foundation of identifying a downtrend lies in price structure. A textbook downtrend features a succession of Lower Highs (LH) and Lower Lows (LL). As price pushes lower, each consecutive rally fails to...
In the global foreign exchange marketplace, the interaction between bid, ask, and spread dynamics forms the fundamental pricing engine that governs every currency exchange and dictates immediate transaction overhead. The bid price represents the...
USOILm M5 — FVG + Order Block Relationship: Complete SMC Chart Analysis 1. FVG + Order Block Relationship According to the uploaded USOILm M5 chart only, the overall price action shows a clear transition from an earlier bullish advance into a...
NATGAS: Elliott Wave roadmap between 2.494 and 3.328 Natural gas is approaching a useful decision area, but the next directional move remains unconfirmed. On this OANDA:NATGASUSD daily chart, 2.622 is the first downside checkpoint and 2.494 is the...
Market Analysis and Insights: Gold is attempting to stabilize after a sharp correction from the September peak near $4,492.50. Spot gold fell almost 2% on September 10 before recovering, with the latest session reaching around $4,361.05 after...