A strategy also serves as a risk management tool. It allows traders to set stop-loss orders, define position sizes, and establish risk-reward ratios. This means that even in the face of losses, the trader can minimize their exposure and protect...
The EUR/JPY currency pair is often viewed as a unique cross, especially for traders who prefer to analyze longer time frames like the H4 (four-hour) charts or higher. In this analysis, I will discuss my observations and trading zones for EUR/JPY,...
Hook Candlestick Patterns and Hook Reversal Patterns in Forex Trading In forex trading, understanding candlestick patterns is essential for identifying market trends, entry points, and potential reversals. Among these patterns, Hook Candlestick...
Analysis of the USD/CHF Currency Pair Throughout the current week, the USD/CHF currency pair has been in a downward trend, exhibiting a series of price movements that indicate bearish sentiment in the market. This analysis will break down the recent...
Silver's Bullish Triangle Pattern Analysis Silver is currently moving within a bullish triangle pattern, indicating a strong upward trend that showcases buyer dominance in the market. If this pattern breaks out to the upside, we could witness an...