High-Probability Bearish Reversals and Market Structure Shifts • Introduction A bearish reversal occurs when an existing bullish move begins to lose strength and the market shifts toward lower prices. Instead of selling simply because price looks...
_Gold Spot / U.S. Dollar · 4h · OANDA | $4,379.820 +0.66%_ _1. Price Structure_ Left to right: Early Jun peak ∼$4,550 > Jun 11 drop ∼$4,050 = LH. Jun 11 ∼$4,050 > Jun 17 bounce ∼$4,320 > Jun 23 drop ∼$3,970 = HL. Jun 23 ∼$3,970 > Jul 7 push ∼$4,170...
M15 Chart Structure and Key Trend The Gold M15 chart shows a clear downtrend that has recently attempted a corrective bounce. Price began near 4429.28 and declined steadily, forming a sequence of lower highs and lower lows down to 4307.73. The...
Hi fellows, I'm writing this review after keen observation. EURUSD H1 EURUSD is at 1.1580 after breaking out of 1.1510-1.1550 range. Buyers are in control. Price is above all MAs. But RSI is 81. Very overbought. Expect a pullback soon. Don’t buy...
Tweezer Top and Tweezer Bottom Candlestick Patterns in Forex Trading Tweezer Patterns Tweezer Top and Tweezer Bottom are two-candlestick reversal formations used in Price Action analysis. They are particularly interesting because they show that...
