The hook pattern represents a slight pullback in price within an existing trend before continuing in the same direction. It suggests a temporary pause or consolidation before the trend resumes. The Hook pattern in technical analysis is a candlestick...
Technical analysis 08 March 2025 USD/JPY H-4 Good night to all, good morning to some! Well? The trading week has ended; we can at least draw some conclusions. Let's start with the fact that the downward trend of movement continues. This week, the...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning Visitors. Let’s focus on the Crude oil price action. Crude oil is trading at 67.05 at the time of writing. The US dollar index is in positive territory, which indicates that the US...
Always Use a Trading Plan A trading plan is an essential blueprint for navigating the markets. It details your strategy, risk management, and decision-making process—helping you trade systematically rather than on impulse. Here are the key reasons...
I believe the USD/CAD currency pair is currently exhibiting a strong upward trend, which I find to be confirmed by the upward slope of the TMA indicator channel. I observe that the price has consolidated above the average TMA level, which I...
