In Forex trading, a classic triangle pattern refers to a type of chart pattern that forms when price action consolidates within converging trend lines to form a triangle shape. There are three main types of triangle patterns, each of which indicates...
GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
Trading Analysis Update Saturday, October 12, 2024 H4 Chart Review The structure of the EURUSD pair price movement pattern in this week's trading clearly shows that the market stopped under selling pressure coupled with a trend that remains...
GOLD ANALYSIS D1 Period Chart Chart D1 - Trading instrument GOLD. Everything is the same here, gold is almost at the top of its historical readings, there was a relatively small downward correction. But it could not develop into a normal decline,...
The current analysis of the GBP/USD pair has become increasingly complicated and uncertain. Previously, the wave pattern was clear, suggesting the formation of a bearish wave set targeting below the 1.2300 level. However, the growing demand for the...
