In my experience, trading with an inside bar candle involves identifying the inside bar, which is a smaller candle that is completely contained within the high and low of the previous candle, signaling a potential consolidation. I typically wait for...
AVERAGE TRUE RANGE Average True Range (ATR) is a technical indicator that measures the volatility of an asset's price ¹. It was introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems“, and it is used to create a tool to...
USD/CHF/H1 he USD/CHF currency pair is at a critical juncture, where resistance and support levels will determine future price movements. Currently, USD/CHF is hovering near the resistance level of 0.9215, showing signs of resistance to further...
EUR/JPY: On the H4 chart of EUR/JPY, the price action recently tested the local support level from top to bottom, which, according to my analysis, is located at 170.217. This level has proven to be a significant area of support, where the price...
Gold remained strong on Friday, testing resistance around the 50-day moving average (MA), which is currently at $2,345. Notably, the 20-day MA was in line with the 50-day, indicating a similar value. When the 20-day MA crosses the bottom of the...