GBPCHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 1.1130. If the price will continue the downward rally in accordance with the bearish trend, it needs to pass the pivot...
Morning Star Chart Pattern The Morning Star is a bullish reversal pattern that typically forms at the bottom of a downtrend, signaling a potential shift in market sentiment from bearish to bullish. It consists of three candlesticks: First Candle: A...
Achieving wealth is a universal aspiration, and for many, the Forex market represents a potential pathway to financial freedom. However, the reality is that only a small fraction—less than one percent—of traders manage to achieve significant wealth...
The Euro initially struggled to recover during the trading week, but quickly reversed course, experiencing a sharp decline and breaking below the key 1.10 level. The drop followed a much hotter-than-expected US jobs report that put pressure on the...
PAK-ARMY TRADING JOURNAL USDCHF I am looking at the dollar franc pair on the daily chart. Here the pair was falling from the resistance of 0.91764. I then believed that this growth that was it was based on the fact that the Federal Reserve...