On the H4 timeframe of USD/JPY, the market presents a textbook example of a strong bullish trend transitioning into a volatility-driven rebalancing phase after a major liquidity event, making the current structure both technically significant and...
That is such an exciting journey to begin, and there is something so meditative about seeing your progress page by page. Don't rush the beginner phase—it's often where you find your most unique style and have the most freedom to experiment!...
I am analyzing the EUR/USD on the H4 timeframe and I clearly see that the earlier ascending price channel structure has already been invalidated after the decisive breakout below the 1.1700 level, which I interpret as a strong bearish signal...
Gold Technical Analysis: Bulls Fighting for Footing The H4 chart for Gold (GOLD.m) reveals a market at a critical crossroads. After a period of sustained bullish momentum leading into early April, the price has entered a distributive phase,...
Understanding Fibonacci Retracement in Forex Trading What Is Fibonacci Retracement? Fibonacci retracement is a technical analysis tool that uses horizontal lines to indicate potential support and resistance levels where a price pullback might...