Hook Candlestick Patterns and Hook Reversal Patterns in Forex Trading In forex trading, understanding candlestick patterns is essential for identifying market trends, entry points, and potential reversals. Among these patterns, Hook Candlestick...
EUR/JPY Technical Analysis: Market Movements and Signals Throughout the past week, the EUR/JPY currency pair experienced significant price movements characterized by a series of breakout levels and trading signals. The analysis begins with the...
Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
Bitcoin (BTC/USD) Analysis Good Morning everyone. Today I will discuses about BTC/USD (Bitcoin) Bitcoin (BTC/USD) trades at 85,840, between key support levels at 83,340, 81,612, and 78,414, and resistance levels at 93,944, 97,080, and 99,718. The...
What is Stop Out Level in Forex? In forex trading, risk management is crucial to ensure that traders avoid significant losses that can potentially wipe out their trading accounts. One key aspect of risk management that every trader must understand...
