On the M30 timeframe, I observed a rapid exit to the expansion in the northern direction after breaking out of consolidation. I noticed that liquidity was taken, and an order block was formed. I saw the price test this order block before returning...
Analysis chart EUR /USD correction. Perhaps this will happen. For analysis, I want to look at the four-hour chart. It shows that the price has flown beyond the upper border of the channel. And has not yet returned to the channel. When returning to...
Concealing Baby Swallow Candlestick Chart Pattern The Concealing Baby Swallow is a rare but strong bullish reversal candlestick pattern found in the stock and forex markets, primarily in downtrends. It signals a potential trend reversal from...
Trailing Stop A trailing stop in Forex trading is a type of stop-loss order that automatically moves with the price when it goes in your favor. It helps lock in profits while limiting potential losses. How Trailing Stops Work If the price moves in...
I have been closely monitoring the price action, and I notice that the bull has struggled to consolidate above the resistance zone of 0.6272-0.6363 for an extended period. I believe this resistance zone has been a critical level, and I see it as a...
