When the dots are below the price, it indicates an uptrend and traders can look for buying opportunities.Calculation of parabolic SAR Parabolic SAR is calculated using the following formulas: SAR (current) = SAR (previous) + AF * (EP - SAR...
USD / JPY: An Hourly Time Frame Suggestions We can consider a bullish scenario on USDJPY from Friday. The price hit the 147.00 level successfully, which indicates that the bulls had pulled back. That area became a key signal for those watching...
Parabolic Sar indicator The Parabolic SAR (Stop and Reverse) is a popular technical analysis indicator developed by J. Welles Wilder. It’s mainly used to determine the direction of an asset’s momentum and potential reversal points in the price. How...
Predicting large impulses is inherently challenging, especially during consolidation phases in the market. While I know that even in accumulation periods, strong breakouts can happen, it's difficult to pinpoint the exact timing of such moves. From a...
EUR/USD Chart Analysis – Bullish Momentum Gaining Strength The EUR/USD 4-hour chart from OANDA reveals a notable shift in momentum as the Euro regains strength against the US Dollar. As of the latest candle, the pair is trading around 1.09750,...
