Technical analysis of USDJPY USD/JPY continues to trade within a broader bullish structure, supported by the rising trendline shown on the chart. Price has been consolidating just below the key resistance zone after a strong rally, suggesting that...
How to identify a bearish breakaway pattern Bearish Breakaway pattern is a rare, five-candle reversal setup that warns traders an uptrend is losing its grip and a downward turn is likely on the horizon. Because it requires a highly specific sequence...
GBP/USD H4 Outlook – Weekly Trading Plan Market Analysis Hello traders, As we head into the new trading week, I have been reviewing the GBP/USD H4 chart, and the overall structure continues to favor the bearish side despite the recent reaction from...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis; the market price is between 214.47 resistance and 212.70 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Technical analysis of GBPJPY GBP/JPY continues to trade within a broader bearish structure, with price respecting the descending trendline and failing to establish a sustained move above key resistance. Although buyers managed to defend the lower...
