GOLD.m, H4 - 4284.40 - RSI 45.63 - Future Predictions This chart from 26 Aug to 26 Sep shows a long corrective downtrend after a major top. On 26 Aug price was at 4640-4667 high with top fractals marking exhaustion, yellow MA above blue and blue...
THE PSYCHOLOGY OF PROFIT TAKING IN TRADING Taking a profit sounds easy. You enter a trade. Price moves in your direction. Your position turns green. You click close. Done. Simple, right? Not really. Profit taking is one of those parts of trading...
TWEEZER TOP CANDLESTICK PATTERNS Have you ever seen price push strongly upward, reach a level, and then suddenly struggle to go higher? You look at the chart and think, “The trend is bullish, so why is price stopping here?” This is exactly where...
Market Analysis and Insights: Bitcoin is consolidating around the $84,000-$84,300 area after a sharp September recovery from below $77,000. Market data shows BTC reached $87,363 on September 21 before retreating, while the September 25 session...
Doji Candlestick Pattern A Doji is a candlestick formation that occurs when the opening and closing prices of a candle are very close to each other. As a result, the candle usually has a very small body, while its upper and lower wicks can vary...
