Advanced Price Action: A Comprehensive Guide to Market Structure and Strategy. Introduction Advanced price action is a trading approach that focuses on understanding market movements through price charts without depending heavily on technical...
The Convergence Strategy: Fibonacci and Ascending Triangle Patterns in Forex Trading Convergence Strategy The convergence strategy combines two popular technical analysis tools: Fibonacci retracement and the ascending triangle pattern. The objective...
Gold Technical Analysis H-1 Chart MARKET TREND Gold on the H1 chart is still working through a larger decline, with a corrective bounce that has already lost strength. From the left of the chart, price opened near the upper 4000s and produced a...
#Litecoin H4 For now one can say the southward direction continues and the moving average, acting as resistance, is above the price. The support toward which the asset is heading is the level 52.79 and breaching it could allow the decline to...
#Litecoin H4 So far one can say the downward direction continues and the moving average is acting as resistance above the prices. The support the asset is heading toward is the level 52.79 and breaking it could allow the decline to continue, but...