Harmonic Chart Pattern Harmonic chart patterns are advanced trading patterns used in technical analysis to predict potential price movements based on Fibonacci ratios. These patterns rely on precise price structures and ratios, helping traders...
Three Down inside Candlestick Chart Pattern The Three Down Inside candlestick pattern is a bearish reversal pattern that appears in technical analysis, often signaling a potential shift in price from an uptrend to a downtrend. It consists of three...
USD/JPY I have been closely analyzing the weekly USD/JPY chart, and I find the current situation quite uncertain. I observe that trading activity on this pair has been relatively subdued, which is not unusual given the rapid and often unpredictable...
The provided NZD/USD H4 chart shows a persistent downtrend, characterized by lower highs and lower lows over an extended period. The red moving average (likely a 50-period or 100-period SMA) has consistently acted as dynamic resistance, preventing...
The analysis of the USD/JPY currency pair suggests a bullish outlook as long as buyers maintain control over the support level around 151. It is crucial for them to prevent the formation of new local lows, which would disrupt the ongoing ascending...
