In my morning forecast, I focused on the 1.0931 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened. There was a rise near 1.0931, but no false breakout was formed. As a result, I avoided...
Hey there, my friend! Today, let's dive into the world of Forex trading and explore the concept of support and resistance - two incredibly important factors that can make or break your trading success. Now, as you probably know, Forex is all about...
### USD/JPY Market Analysis: Key Fibonacci Levels and Price Movements The USD/JPY currency pair has demonstrated significant volatility over recent years, marked by periods of notable growth followed by considerable declines. As we analyze the...
**GBP/USD Price Action Analysis: Navigating Key Levels and Trading Signals** In the ongoing analysis of the GBP/USD currency pair, the market has recently exhibited a period of sideways trading, with the pair confined to a narrow 50-point range....
The matching high pattern is a bearish reversal candlestick pattern that is seen in an upward price swing. It consists of two candles: the first candlestick is a long bullish candle, while the second candlestick is a small bullish candle. Both...