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Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
Top Ten Forex Trading Strategies for Consistent Profitability In the world of forex trading, strategies play a crucial role in determining success. Traders who adopt well-defined strategies are better equipped to manage risks, spot opportunities,...
EURJPY currency pair - let’s look at the D1 period chart today, Thursday. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at beginning February, the third wave went down. The MACD...
I began my analysis of USD/CAD this morning by focusing on the hourly timeframe, where I observed a prolonged consolidation phase. I noted that the price tested the 200-period moving average (MA) from below, which initially led me to anticipate a...
