How to Identify Real or Fake Breakouts (ICT SMC) A breakout occurs when price moves beyond an important level such as support, resistance, a previous swing high or low, or a clearly defined range. However, not every breakout is genuine. Sometimes...
1. Current Market Structure and Primary Trend On the daily USD/CHF chart, price action remains firmly within a bearish primary trend since the mid‑February peak near 0.8097. The sequence of lower highs (0.8097 → 0.8011 → 0.8005) and lower lows...
Volume Spread Analysis: Buying Climax, Selling Climax High-Volume Shifts Volume Spread Analysis (VSA) is a powerful method of reading the relationship between price, volume, candle spread, and closing position. Instead of looking at volume alone,...
The New Zealand dollar continued its upward momentum against the US dollar on Friday, trading near 0.6000 and hovering close to its highest level since late May. The kiwi's resilience comes despite mixed signals from global data, suggesting that the...
Technical Breakdown: WTI Crude Oil (#CL, D1) The daily chart for WTI Crude Oil (#CL, D1) presents a transitional price action structure. Following a macro peak near $129.00 and a subsequent downtrend establishing a multi-month trough near $67.20 in...
