What is Spinning Top candlestick pattern In the world of candlestick trading, there are numerous patterns that traders use to identify potential trading opportunities. One such pattern is the Spinning Top candlestick, which is a versatile and...
Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...
GBP/USD technical outlook: The trading session commenced in a support area, where the price was propped up by the channel lines. The price has now advanced to the first resistance area, encountering opposition from both the weekly pivot level and...
Analysis of the Uploaded Chart Chart Description: The uploaded chart displays a candlestick pattern with Fibonacci retracement levels, which are used to identify potential support and resistance levels. The key features observed in the chart...
NZD/USD outlook: The price is trading within a broken channel retest pattern, indicating a continuation of the downward trend. This month, the price started trading inside a rising red channel, representing the previous month's movement. Initially,...