GBP/USD Daily Update – Bearish Structure Still Dominates I’ve taken a close look at this Daily chart, and for the current move I’m still leaning bearish on GBP/USD. The biggest thing I’m watching is the reaction from the upper liquidity. Price...
Candlestick Patterns With Trading Signals 1. Three White Soldiers — Bullish Signal The Three White Soldiers pattern consists of three consecutive strong bullish candles, usually appearing after a decline or period of consolidation. Each candle...
Daily Bias Guide: SMC Candle Analysis in Forex Trading Daily bias is a directional framework traders use to determine whether they should primarily look for bullish, bearish, or neutral opportunities during a trading day. In Smart Money Concepts, or...
Understanding the Risk to Reward Ratio The Risk to Reward (R:R) ratio measures the amount of capital a trader risks against the expected potential return on a trade. It serves as a core principle of trade management, enabling traders to quantify...
The US dollar muscled its way toward the 158.00 handle against the Japanese yen, with the USD/JPY forecast leaning firmly bullish as the yen continued to bleed following last week's Bank of Japan decision, a meeting that delivered a rate hike but...
