The Evening Star candlestick pattern is a bearish reversal pattern used in technical analysis to predict potential trend reversals in stock prices. It's considered a reliable indicator by traders and analysts2. Here's a detailed explanation: What...
GBP/USD Trading Analysis Update Monday, January 3, 2025 The GBPUSD pair price movement that tried to continue the upward rally, once again failed when reaching the SMA 200 as dynamic resistance. The price seems unable to move higher as in previous...
BTCUSD Technical Analysis Bitcoin (BTC) has shown high volatility today, breaking below the 98,600 level, reaching a low of 92,000, and then bouncing back to 98,000. This movement highlights both strong selling pressure and aggressive buying...
EUR/USD Technical Analysis In the H1 timeframe, EUR/USD is in a clear downtrend with a strong bearish market structure. The price has consistently respected a downtrend line that has been tested thrice, generating significant selling pressure each...
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