ETH seems to be in a bit of a messy phase right now. After that strong push up toward the 2400+ area, the market clearly lost momentum and started forming lower highs and lower lows, which tells me the short-term structure has shifted bearish. Right...
Riding the Yen Rollercoaster: My Daily Take on USD/JPY Dynamics. As I look at the markets today, I see the USD/JPY pair currently trading at a live value of 159.44. From my perspective, this indicates a mildly bullish bias, especially as it...
The “falling knife” pattern in financial markets refers to a rapid and steep decline in the price of an asset, often driven by panic selling, unexpected news, or a sudden shift in market sentiment. The phrase itself is a metaphor warning traders not...
the NZD/USD pair is currently moving within a phase of consolidation after showing a noticeable recovery earlier in April. The latest H4 price action reflects a market that is struggling to establish clear directional momentum, with buyers and...
Lower timeframes show more information while higher timeframes show bigger picture. You should always look at the bigger picture when making decisions. Both are equally important. You can trade higher timeframes without referencing lower timeframes,...