XAUUSDm M15 — FVG + Order Block Relationship, Market Structure, Liquidity Scenario Analysis 1. ORDER BLOCK (DEMAND) — Major Buying Zone The ORDER BLOCK (DEMAND) — Major Buying Zone can be interpreted from the strong bullish reaction that develops...
Technical Analysis Macro Trend Analysis on the D1 Chart: On the daily time frame, the recent price action indicates a definitive structural breakdown. The pair formed a medium-term top near the 160.00 psychological level before initiating a fierce...
“The trouble with having an open mind, of course, is that people keep coming along and sticking things into it.” — Terry...
Compare wick rejection with body confirmation. A rejection wick followed by a strong body in the opposite direction is generally more informative than a rejection wick followed by another indecisive...
EUR/JPY D-1 TIME FRAME ANALYSIS The MACD indicator is in the lower zone and below its signal line. The wave structure has begun to build downwards. In early August, the price plummeted. This is likely just the beginning of a long-term decline, as...