What Is a Shooting Star? A shooting star in trading is a bearish candlestick pattern that can signify a potential reversal of an uptrend. It consists of a single candlestick with the following characteristics: A small body that is located at the...
On Thursday, the US dollar tested the 200-day EMA against the Japanese yen, with traders keeping a close eye on upcoming Consumer Price Index (CPI) data. This report will provide insight into whether inflation is accelerating or cooling in the...
GBP-CHF D1 ANALYSIS CHART Hello colleagues. So far I have not seen any changes in the pair's movement; the sideways movement continues. There is a sideways movement on the daily chart. Today we are seeing movement within the sideways movement at...
Right now, we're concentrating on the price action of Gold, which has shown notable uncertainty, shifting between bullish rallies and bearish declines. As we the quote is positioned above the upper boundary of its sideways market, signaling a...
The Importance of Closing Losing Trades in Forex Discover the importance of closing losing trades in Forex to manage risk, protect capital, and stay emotionally disciplined. Learn how cutting losses early preserves funds for better trades, maintains...