What is a Tweezer candlestick pattern? Tweezers form when two consecutive candlesticks have equal, or very close to equal, highs (tweezer top), or lows (tweezer bottom) The equal highs or lows may also reflect the open or close of two consecutive...
GBP/USD Good evening already! I think that today we should not expect any serious movements from the GBPUSD currency pair and, most likely, until the end of trading, the quotes of this pair will remain in the state of testing the middle border of...
In the world of trading, identifying key levels of support and resistance is essential for understanding market dynamics. The price range of 1.30788 to 1.30673 has emerged as a historically significant area that warrants close attention. This zone...
Forecast of NZDUSD Daily time frame chart outlook: The buyers lost steam on the daily time frame chart last week, which is why the NZDUSD just breached the moving average lines to the negative and changed the trend direction, making it bearish since...
What are On-Neck and In-Neck Candlestick Patterns? On-Neck and In-Neck candlestick patterns are two bearish continuation patterns that I find useful in predicting short-term downward price movements in markets. On-Neck Candlestick Pattern: In an...
