Managing risk is crucial to achieving success in Forex trading. It involves understanding the potential losses and taking steps to minimize them. One proven technique is to set a stop-loss order, which automatically closes a trade when it reaches a...
NZDUSD H4 Analysis Market Trend The NZDUSD pair is currently in a strong downtrend on the H4 timeframe. Price action has been consistently forming lower lows and lower highs, indicating a sustained downward momentum. Support and Resistance Levels ...
### Price Action Analysis: USD/CHF The USD/CHF currency pair has shown intriguing price movements recently, presenting potential opportunities for traders. While the Swiss franc has been relatively stable over the past couple of years, the current...
THE CURRENCY PAIR AUD-USD The AUDUSD currency pair continued to decline for a whole week, and just as we had a signal for shorts a week ago, it is still a priority now. On Thursday, the support level of 0.6576 was broken and Friday's closing took...
What are harmonic patterns and how do they work? Harmonic patterns are based on geometric patterns, but they also apply Fibonacci proportions to determine pivot points more accurately. Many outstanding minds worked on their theoretical basis...