Forecast of Gold Daily time frame chart outlook: The price of Gold has been moving along the moving average lines on the daily time frame chart over the past few trading days. A few times, the price of Gold has crossed these lines to the up and the...
Forecast of NZDUSD Daily time frame chart outlook: The NZDUSD breached the moving average lines to the downside last week because of a decline in price over the last few days on the daily time frame chart. As the price rises, the moving average...
Bullish candles are still forming in small sizes following the limited space for price movement in recent days. The price has now returned to the critical buyer area around 200.52 – 201.58 which still cannot be penetrated. Meanwhile, price movements...
GBP/USD on Friday, the price throughout the day failed to break out of the previous day's range, resulting in the formation of an indecision candle with a slight bullish bias by the end of the day. Overall, for this instrument next week, I consider...
Components of the Dark Cloud Cover Pattern The Bullish Candle: The first component of the Dark Cloud Cover is a bullish (green or white) candle, indicating that buyers have control. This candle typically appears during an uptrend. The Bearish...