NZDUSD H4 — Chart-Based SMC Analysis 1. Overall H4 Market Structure The overall H4 structure visible on the chart is clearly bearish. Price begins around the 0.59 area, makes an early high near the upper part of the chart, and then starts producing...
Market Analysis and Insights: The NZD/USD currency pair has recently traded under sustained downside pressure, sinking toward crucial support near the 0.5660 handle. The pair is navigating a defined lower trading range between 0.5620 and 0.5750,...
Market Analysis and Insights: The currency pair has recently experienced sustained downside pressure, sinking toward crucial support around 1.1390. The pair is navigating a defined lower trading range between 1.1375 and 1.1520, constrained by a...
Profit Targets in Forex Trading A profit target is a predefined price level where a trader plans to close a position and realize gains. It is an important part of trade planning because entering a position without knowing where to exit can lead to...
GOLD.m, H4 - 4284.40 - RSI 45.63 - Future Predictions This chart from 26 Aug to 26 Sep shows a long corrective downtrend after a major top. On 26 Aug price was at 4640-4667 high with top fractals marking exhaustion, yellow MA above blue and blue...