TECHNICAL ANALYSIS OF BITCOIN PAIR. The Bitcoin H1 chart presents a technically rich structure that reflects a market transitioning from a strong bullish trend into a phase of consolidation with underlying bullish bias still intact. Price action...
I observe that the current market structure of GOLD (XAUUSD) on the H1 timeframe remains bearish, although I notice a consolidation phase has emerged at the end of the recent price action. I rely on two main indicators for my analysis, specifically...
EURUSD M15 is consolidating near session highs after a strong impulsive breakout through prior supply, and this is where risk management and trading discipline stop you from chasing extended moves or shorting into strength without confirmation of...
Post Analysis of USD/JPY The USD/JPY M5 chart shows a session characterized by an initial consolidation, followed by a sharp bearish move, and then a steady recovery into a ranging structure. Early in the chart, price action moved sideways with...
Understanding Breakout Trading in Forex Breakout trading in Forex is a popular strategy that focuses on identifying key price levels where the market is likely to make a strong move. These levels are usually known as support and resistance. Support...