GBPUSD H4 the H4 timeframe chart which showed that the GBPUSD price movement in trading since the previous week was dominated by bullish candlesticks, this week it is still dominantly moving towards a bullish trend. If at the beginning of May the...
If this downward trendline is broken, we will likely see significant growth, with the price potentially rising above 1.2870 or even surpassing this year’s maximum. In the event of such a breakout, the dynamics of the market would shift dramatically,...
THE CURRENT REPAIR GBP-JPY There are actually no significant changes here yet; although the price has crept back closer to the resistance level of 200.60, it has not yet been able to go higher or turn south. It’s still very difficult to say what...
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Trading is a high-risk endeavor that demands discipline, patience, and a well-crafted strategy. A crucial aspect of trading is risk management, which is where the stop loss comes into play. A stop loss is a predetermined price level at which a...