The GBP/USD chart provided is a 1-hour candlestick chart from the OANDA trading platform, showing the price movement of the British Pound against the U.S. Dollar over a period from around 8:00 to 21:11 on a specific day. The chart displays several...
EUR/USD Analysis Introduction to ICT Concept and Chart Overview The ICT (Inner Circle Trader) concept focuses on understanding market structure, liquidity, and institutional order flow to identify high-probability trade setups. This chart of...
General Points about AUDUSD: Generally, yesterday’s U.S. Core Retail Sales data came out positive, it didn’t provide any significant boost to the U.S. dollar. Market participants were expecting a stronger reaction, but the dollar remained mostly...
In a three black crows pattern, each candle closes lower than the one before, marking an aggressive move by the bears to drive the price back and reverse previous gains by the bulls. Though the pattern may open with a gap down, the second and third...
Breakout trading is a popular strategy among traders seeking to capitalize on significant price movements in financial markets. This approach relies on identifying key levels of support or resistance and entering a trade when the price breaks...