Hook Candlestick Patterns and Hook Reversal Patterns in Forex Trading In forex trading, understanding candlestick patterns is essential for identifying market trends, entry points, and potential reversals. Among these patterns, Hook Candlestick...
How to Use Forex Trading Plans for Consistent Success A well-structured forex trading plan is essential for achieving consistent results in the highly volatile currency market. A trading plan outlines the rules, strategies, and steps a trader must...
Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
Ten Steps to Become a Successful Forex Trader Forex trading is one of the most lucrative yet challenging financial markets. Many traders enter the market with high expectations, only to face difficulties due to a lack of preparation, strategy, or...
Hello! Let’s start by discussing the recent trends in the EUR/USD currency pair, which has been experiencing a steady upward movement over the past week. Previously, we observed attempts to break through the 1.0500 level, accompanied by a period of...
