Theoretically, trading has 50% chances of winning or losing, and I think confirmation is how we can increase that chance to our favor. I personally like using multiple systems based on higher or lower timeframes. I use MACD divergences as well to...
Post Analysis of NZD-USD The M5 chart of NZD/USD shows a clear transition from bullish momentum into a short-term bearish structure. Earlier in the session, price experienced a strong upward rally, pushing toward the 0.5925–0.5930 resistance zone....
Gold is currently showing clear signs of weakness after failing to break and hold above the 4760–4770 resistance zone. That red trendline you marked highlights a consistent pattern of lower highs, which confirms that sellers are gradually taking...
This is XAUUSD on M3, last price 4748.02 at 01:09. We had a clear downtrend followed by a sharp reversal candle with volume. Here’s the breakdown: *1. Trend Moving Averages* - *Yellow MA*: Fast MA, ∼4745 and curling up. Price just crossed above it...
EUR/USD Slips to 1.1720 as Middle East Tensions Drive Safe-Haven Dollar Demand; GBP/USD Eyes UK Inflation Current Price Action: EUR/USD is trading at 1.1720, experiencing an intraday decline of 0.20% as bearish momentum builds during the New York...
