EUR/USD The weekly trading range is close to failure. They broke through downwards by 20 points, but they are not confidently moving north. Although, there is a 50-point rollback, and I want more and more. I look at the weekly time frame, and...
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...
A Tweezer Bottom is a bullish reversal pattern composed of two Japanese candlesticks with matching bottoms that appears at the bottom of downtrends. Tweezer bottom’s matching bottoms are generally composed of shadows but also be the candle’s body. A...
Gold Technical Analysis: 4 Hour Time Frame: Let's look at the market price in a 4-hour time frame. Currently, the market price and the moving average are moving upwards, and the price is currently above the 200-day simple moving average, which...
USD/JPY technical analysis H4 chart If we look at the H4 chart, the market price is currently trading within the trendline. The market price has just attempted to break out of the downtrend line, and the market is currently trading below the...
