Harmonic patterns on a daily timeframe don't show up every day, but when they complete right inside a heavy technical confluence, you stop scrolling and take notes. What we are looking at on this WTI Crude Oil (#CL) daily chart is a textbook Bat or...
AUDNZD M5 based on your chart : Overall Structure and Trend On the AUDNZD 5-minute chart, price shows a clear short-term bullish recovery after a sharp drop near the 1.1957 zone. Following that spike low, buyers stepped in aggressively and pushed...
Why Clean Charts Beat Lagging Indicators in Forex Trading Forex trading is full of indicators. Moving averages, MACD, RSI, Stochastic, Bollinger Bands, and many other tools promise to help traders identify trends and profitable entry points....
Looking at the XAU/USD 4-hour chart from my personal perspective, I still see the broader structure as bullish, although gold is currently showing signs of a short-term correction after reaching a strong recent high around the 4,700 area. The most...
Based on the provided M15 chart data for USDJPY, we are analyzing a single candlestick with the following details: Open at 159.088, High at 159.097, Low at 159.055, and Close at 159.095. This forms a small bullish candle with a narrow range, closing...