WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is stuck in a tight range, indicating indecision in the market. It is called a...
AUD/USD MARKET ANALYSIS In the movement of the TF H4 reference for the AUDUSD market, it can be seen that the trend condition has begun to re-enter the bearish phase. This was confirmed after the decline was able to pass the movement limit of Ma...
I was expecting a completely different situation on Friday! The opening of the resistance line of the daily channel by the bulls, although it only gave a preliminary signal for further development of the north, the bulls were very confident in...
Good evening. Despite some fluctuations, the EUR/USD pair managed to recover and climb above 1.0684 after a brief dip. Interestingly, no new announcements were made during the latest meeting regarding the commencement of tapering the asset purchase...
What is Price Action? Price action is a trading technique that focuses on making decisions based on the actual price movements of an asset rather than relying on technical indicators or fundamental analysis. Traders who use price action study...