The chart reveals a dominant bearish trend, characterized by consistent lower highs and lower lows. The sharp downward movement below the 1.0450 level confirms the presence of strong selling pressure. The price is currently trading around 1.0394...
Hello. Sellers have been active on the Euro for the last two days and have come close to the current minimum at 1.03323. I think they will update it in any case, and if they manage to actively consolidate below it, then we can expect the price to...
Trading journal Friday, December 20, 2024 USDJPY Assalamualaikum and good afternoon colleagues. Hopefully we are all still in good health. How about the trading results in the past few days? Hopefully all forum members get satisfactory profits. As...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. The market is currently between support and resistance levels. The market has just crossed the resistance level and is currently supporting resistance with the next...
To set up indicators and backtest an H1 scalping strategy on MT5 platform, we can follow these steps: 1. Setting Up Indicators on MT5 Here’s how we can configure the indicators for the scalping strategy: A. Add Moving Averages (50 EMA and 200 EMA) ...
