On the AUDCAD 1-hour timeframe, bullish momentum appears to be fading. After failing to maintain its position above the upper Bollinger Band, price action has started to contract and gradually drift lower. A recent bullish attempt was rejected near...
The pattern emerges during a clear downtrend. The first candle is a bearish one, and the second is bullish, opening lower than the previous day’s close, but closing more than halfway into the body of the previous day’s candle. Always wait for the...
There are three directions in which you can explore and study technical analysis: pattern analysis, candlestick analysis and naked price action. I prefer the first one because I extensively use free autochartist tool from HFM to identify and trade...
Crude Oil (WTI) Trade Analysis H1 Timeframe Crude oil (WTI) trades around 63.17, showing cautious strength after consolidation. The market sentiment appears balanced but slightly tilting toward bullishness, supported by stable technical structures...
Forecast of USDJPY According to the H4 time frame chart, the price surged due to overwhelming bullish momentum on Wednesday during the New York trading session. As a result, the USDJPY changed the trend direction by crossing the moving average lines...
