Fibonacci Projection and Price Channels Fibonacci Projection and channel analysis can be combined to create a structured approach for identifying potential reversal areas in Forex trading. Fibonacci Projection helps traders estimate possible price...
USDCAD Technical analysis M15. USDCAD M15 chart is showing a strong bullish recovery after forming a higher low pattern from 15 Sep 06:00. Price initially dropped to 1.38980 and formed a swing low, from there buyers took control and started pushing...
The Scientific Trader: A Summary of the “How to Trade Like a Scientist” Cheat Sheet in Forex Trading Trading like a scientist means approaching Forex with curiosity, discipline, evidence, and a willingness to test ideas rather than relying on...
USD/JPY H1 TIMEFRAME TECHNICAL ANALYSIS Market Overview and Trend The USDJPY pair is currently trading at 155.127, exhibiting a strong short-term bullish trend following a significant recovery from the lows around 153.360 seen on September 14. The...
Pitchfork Trading Strategy in Forex Trading The Pitchfork is a technical analysis tool used by Forex traders to study price channels, potential support and resistance, and the direction of market movement. It was developed from the idea that price...
