Bitcoine declines as options open interest reises: Bitcoin fell under 60K after a long week of investors taking profits and currently trades around $58500. Investors began taking profits after a brief rally last Saturday caused by a renewed...
Crude Oil Price Action Review Let's analyze the crude oil price behavior at present. The price broke away from the trend line, shifted downward, and dropped to the support level of 73.33. From this point, it rebounded, climbing back to the 73.79...
FOREX BEAR INDICATOR The Forex Bear Indicator: A Comprehensive Guide The Forex Bear Indicator is a technical analysis tool used to identify potential bearish trends in the foreign exchange market. It's a powerful indicator that helps traders detect...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
Gold: What the Charts Reveal The discussion currently revolves around the analysis of the Gold price behavior. The entire week has concluded with gold remaining largely inactive, hovering above the support level 2489.00. A decisive break below this...