AUD/USD Brief analysis: The price movement of the Australian dollar major since early August is driven by an upward wave. The price rebounded from the lower boundary of a strong reversal zone on the daily timeframe. The current wave segment is...
YOUR ROAD TO SUCCESS WITH TRADING JOURNAL Introduction to Trading Journals Success in trading doesn't just depend on strategies and market knowledge; it heavily relies on how well you can reflect on your decisions. That’s where a trading journal...
Gold Analysis Greetings. We have not seen an upward rebound today nor a test of the primary support at 2560 yet. It is still possible for them to bounce. It also turns out that round level 2550 has additional support if we suddenly go lower. If it...
Dark cloud cover candlestick pattern in forex trading. H1: Introduction to Dark Cloud Cover Candlestick Pattern in Forex Trading Forex traders often rely on technical analysis and price action to make informed decisions. One of the patterns that...
In my morning forecast, I focused on the 1.3203 level and planned to use it as a basis for market entry decisions. Let's look at the 5-minute chart and break down what happened. The rise and formation of a false breakout at 1.3203 created an...