Crude Oil Price Action Review Let's analyze the crude oil price behavior at present. The price broke away from the trend line, shifted downward, and dropped to the support level of 73.33. From this point, it rebounded, climbing back to the 73.79...
Silver Price Directions The current topic of discussion is the analysis of the Silver price behavior. Friday's news likely triggered the silver drop. The price dipped below the Moving Average (MA) pair on the daily chart, hovering around...
EUR/USD Price Patterns The present discussion pertains to analysing the price behaviour of the EUR/USD currency pair. According to technical analysis of the H1 time frame, it seems suitable to enter the market with buying intentions for the currency...
FOREX BEAR INDICATOR The Forex Bear Indicator: A Comprehensive Guide The Forex Bear Indicator is a technical analysis tool used to identify potential bearish trends in the foreign exchange market. It's a powerful indicator that helps traders detect...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...