A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
Good Morning Traders, I hope everyone had a refreshing weekend, filled with time to recharge and reflect. Last week was a journey of its own — I encountered challenges, made some mistakes, but importantly, I walked away with new lessons that have...
Over the past few trading sessions, we've observed a discernible downward trajectory in the price of gold. If we cast our minds back to around the 22nd of the month, it appears the price reached a high point and has since been engaged in a steady...
The AUD/USD currency pair is currently exhibiting a phase of consolidation around the 0.6400 level. This price action places the pair near the midpoint of its daily trading range, which has spanned from a low of 0.6349 to a high of 0.6436. Despite...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
