#Litecoin H4 At the moment the asset's price is testing resistance at 57.55 and the moving average, as can be seen, is below the price and thus indicates support for the upside. That is, now in order for there to be an opportunity to continue the...
USDJPY TECHNICAL ANALYSIS M15 CHART. On the M15 timeframe the pair has transitioned from a prolonged sideways consolidation into a strong impulsive bullish phase. Price action from Oct 19 to Oct 28 06:30 was characterized by choppy range-bound...
Understanding Market Structure: Identifying Uptrends and Downtrends. Market structure is one of the most important concepts in Forex trading. It helps traders understand the direction of the market and identify potential buying and selling...
Technical Analysis Report for USDCHF Based on Elliott Wave Theory Welcome to this technical report dedicated to reading and dissecting the current price action of the US Dollar against the Swiss Franc (USDCHF) on the 4-hour time frame (H4). This...
#Litecoin H4 At the moment the asset's quotes are testing resistance at the level 57.55 and the moving average, as can be seen, is below the quotes and thereby indicates support for the upside. That is, right now, in order for there to be a...