Based on my current assessment of the EUR/JPY currency pair, I continue to maintain a bullish outlook for the near term. The market still appears to favor buyers, and I believe there is a reasonable probability that the upward movement will continue...
USDCAD MARKET OUTLOOK USDCAD 1H is trading at 1.39376, down 0.12% on the session, and pulling back after rejecting the 1.3960 resistance zone. Price rallied sharply from the 1.3860 low on the 5th, breaking above the 1.3920 horizontal resistance and...
Many beginner traders lose money trading the Bullish Engulfing pattern because they entry whenever they see it appear anywhere on the chart. If you see a bullish engulfing candle in the middle of a choppy, sideways market or at the top of an...
The biggest reason traders flock to Smart Money Concepts is the promise of mind-blowing Risk-to-Reward (RR) ratios. Because SMC allows you to refine your entry down to the M1 or M5 timeframe inside an H4 or Daily institutional zone, it’s not...
XAGUSD MARKET OVERVIEW XAGUSD 1H is consolidating at 67.87 inside the 67.20-68.20 purple demand zone after a 4-dollar drop from 72.00, where risk management and trading discipline decide if you’re buying the defense or selling the breakdown. Price...
