The Wyckoff method uses specific chart patterns and structures, known as Wyckoff schematics, to identify potential market movements. These patterns include accumulation ranges, markup phases, distribution ranges, and markdown phases.Volume plays a...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
The GBP/JPY currency pair is currently experiencing downward pressure, with the price remaining below the critical resistance level of 193.44, indicating potential for further declines ahead. The technical indicators support the bearish outlook, as...
Shooting Star Chart Candlestick Pattern The Shooting Star is a bearish candlestick pattern that appears at the end of an uptrend, signaling a potential reversal. It is characterized by a small real body, a long upper wick, and little to no lower...
ANALYSIS OF NZD/JPY PAIR. The H1 chart of NZD/JPY reveals a complex interplay between bullish and bearish forces, with price action hovering around the critical 84.74 level. The most striking feature is the sharp rejection from the 86.50 level,...
