While many retail traders use Bollinger Bands to pick tops and bottoms, professional momentum traders look for the exact opposite: The Bollinger Band Squeeze. Volatility in the Forex market is cyclical; periods of low volatility are always followed...
No matter how beautiful a Bollinger Band setup looks, it is completely meaningless without proper risk parameters. Because the bands are dynamic and shift with every new candle, your stop loss placement must be grounded in structural reality, not...
H1 Technical Analysis – Capitulation to 113.839, RSI 33.86, Price Below All MAs *Technical Structure* H1 is trading at *113.839*, consolidating after a steep selloff from *114.810* highs on June 16. Price collapsed through the MA stack and is now...
GBPJPY Technical Analysis – Uptrend Remains Intact Despite Selling Signals GBPJPY is currently trading at 214.283, and the overall market trend continues to reflect a bullish outlook. The pair remains in an uptrend, supported by positive price...
USDCAD: The price movement of the USD/CAD currency pair is currently being studied. As mentioned before, the Canadian dollar's strength usually moves in a positive direction, albeit there hasn't been any significant shift as of yet. The currency...