Crude Oil H4 Chart Analysis: Based on observations from the H4 time - frame, the crude oil pair started moving this week at the 77.09 level and has been moving sideways in a narrow range for most of the week. The price movement will continue at...
Canada’s Q2 Growth Momentum Strengthens Amid Key Economic Data Canadian manufacturing and wholesale figures due next Friday are expected to confirm solid real GDP expansion in June, rounding out a robust second quarter. These readings should align...
How to Identify and Trade “Inducement” Using Smart Money Concepts in Forex Trading What Is Inducement in Smart Money Concepts? Inducement (IDM) is an important concept in Smart Money Concepts (SMC) that helps traders understand how price can create...
EURJPY 4-Hour Analysis: The medium-term perspective and trading above the 100-day simple moving average at 183.900 indicate good strength for EUR/JPY, which is currently trading at 182.510. As we can see, a downward reversible correction will be...
ESSENTIAL REVERSAL CANDLESTICK PATTERNS (SMC ICT) Candlestick patterns are one of the most useful tools for understanding price action. In Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methodology, candlestick formations are not...
