In this article, we will explore some of the most common chart patterns in forex trading and how they can help traders make better-informed decisions. We will cover both reversal and continuation patterns, offering practical examples and tips on how...
GBP/USD Pair Movement Update The price movement of the GBPUSD pair that we observe on the H4 time frame, seems to be trying to maintain the bullish trend direction. The price that had moved below the EMA 50 to reach the low price of 1.2558 was...
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USDCHF currency pair - let’s look at the H4 period chart. Here you can see that until the middle of last week, sellers continued to push the price down. In favor of sellers was the wave structure that builds its order downwards and the MACD...
The pair will most likely move up according to the price action. It is respecting a rising trendline. It is moving above the EMA-30. It opens above the daily pivot level. The price action of the market suggests a buy trade today. If the price...
