The user has given a complex description of a market analysis and a trading strategy. The goal is to rewrite this text in simpler terms while maintaining the original meaning. The analysis involves understanding price movements within an ascending...
Price Action Analysis of GBP/USD 4H Chart Today, I will be dissecting the trend of the GBPUSD currency pair. On Friday, the GBPUSD pair moved downward. I had anticipated that the price would move upward, unfortunately, the price moved in the...
The bitcoin market got some negativity on Friday, breaking below the $66,000 crucial level. This area has been critical, and attention is now focused on whether the $65,000 level is sustainable. This volatility highlights the uncertainty surrounding...
USD/JPY Period D1 chart - USDJPY currency pair. Over the past trading week, the price moved in different directions, sellers temporarily won, but overall buyers prevailed. The wave structure remained ascending, the MACD indicator began to grow again...
The EUR/USD currency pair exhibited considerable volatility last week, marking a period of significant fluctuations in its exchange rate. On Friday, the pair reached a notable six-week low, dipping to 1.0680. This marked a significant downturn from...