AUD / USD: An hourly time frame Recommendation Today, the bulls of AUDUSD are at the 0.6725 level and they have more opportunities to test the 0.6765 assist. Thus, we should follow a bullish scenario appropriately. Thus, risk management becomes...
Technical analysis GBP/USD H-4 Today we will look at the H4 period chart - NZDUSD currency pair. The wave structure is forming a downward trend, but the MACD indicator is in the upper buy zone and above its signal line. If you apply the Fibonacci...
The Diamond Chart Pattern is a technical analysis formation used by traders to identify potential trend reversals in financial markets. It is a rare pattern compared to other formations, such as triangles or head-and-shoulders, but it can be highly...
USD / CAD: A daily recommendation and plan I recommend a sell entry on USDCAD today from the 1.3573 level with a goal of 1.3542 ahead. The investors of USDCAD should know that It’s also important to determine an acceptable risk-to-reward ratio for...
Shooting Star Chart Candlestick Pattern The Shooting Star candlestick pattern is a bearish reversal pattern that typically appears at the top of an uptrend. It signals that a potential price reversal or downturn might occur. Here's how it works...