The matching high pattern is a bearish reversal candlestick pattern that is seen in an upward price swing. It consists of two candles: the first candlestick is a long bullish candle, while the second candlestick is a small bullish candle. Both...
USD/JPY Analysis On the Daily time frame, I use the Trend line. According to the chart for the last year, the market is moving in a bearish direction. Toward the end of December 2024, the bullish movement broke out above the Trend Line, and the...
Hey there, mate! You're asking about the pin bar candlestick pattern in the forex trading world, right? No worries, I've got you covered. Let's dive in and explore this interesting trading pattern together, shall we? First off, the pin bar...
Nikkei slumps to lowest point since 1987 Investors at the Tokyo stock exchange are unnerved because the Nikkei known as the barometer of Japanese stocks plummeted to incredible lows unseen since the 80 of the last century. This abrupt nosedive...
The USD/CHF is currently around 0.8331, marking an annual low. This level serves as a crucial support point that aligns with the broader bearish trend observed in recent months. Before continuing its downward trajectory, a correction may occur....