Three Down inside Candlestick Chart Pattern The Three Down Inside candlestick pattern is a bearish reversal pattern that appears in technical analysis, often signaling a potential shift in price from an uptrend to a downtrend. It consists of three...
The provided NZD/USD H4 chart shows a persistent downtrend, characterized by lower highs and lower lows over an extended period. The red moving average (likely a 50-period or 100-period SMA) has consistently acted as dynamic resistance, preventing...
In my analysis of this currency pair, I continue to refine the embedded algorithm of actions within my trading plan, which is closely tied to the Price Action method and the Fibonacci grid. On the senior timeframe, specifically the H4 chart, I...
EURJPY Daily Forecast The EUR/JPY currency pair is likely to form a head and shoulders pattern on the daily chart. The current price is 159,772. The key support level is located at 158.00. This area is plagued by several issues. This includes...
BTCUSD(Bitcoin) BTCUSD(Bitcoin) outlook: Bitcoin has been experiencing a relatively stable price movement, holding its ground amid fluctuating market sentiment. The cryptocurrency remains highly influenced by macroeconomic factors, especially the...
