GBPUSD H4 Time Frame The bearish price channels on the H1 chart. This week, in particular, has seen a concerted effort to breach these channels upward. The price's attempt to break the channels was met with resistance from the pivot level on the H4...
what is chart pattern? Chart patterns are specific formations that appear on a price chart that can help traders and investors predict future price movements. These patterns are created by the price movements of a financial asset over time and can...
GOLD technical analysis The price is currently encountering weekly resistance at 2320, causing a downward correction after an upward movement earlier this week. Gold has been trading within two upward-trending price channels, reflecting the price...
Trading Wisdom: EUR/USD Prices The analysis of the EUR/USD currency pair's price behavior is currently under discussion. Based on my review of the CME reports from yesterday, there was significant activity within a range of 1.0800 to 1.07330. As we...
Introduction to Profits and Deposits in Forex Trading Forex trading, the exchange of one currency for another, offers significant profit potential, drawing both novice and experienced traders. However, realizing profits in forex trading requires a...