What is shooting star candlestick pattern in forex trading. 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...
The Gold price initially declined sharply at the start of the week, but then began recovering gradually. Although it had risen above the psychological level of $2,700, the price was unable to sustain the upward momentum for long. The decline brought...
Trading Chart Patterns Trading chart patterns are visual representations of price movements in financial markets, used by traders to predict future price action. They are categorized broadly into reversal patterns, continuation patterns, and...
Reversal Technical Chart Patterns Reversal chart patterns are essential tools in technical analysis, indicating that a current trend is likely to reverse. They provide valuable signals for traders to enter or exit positions. Below are some of the...
PAIR REVIEW EURUSD Good day! Yesterday we worked out the purchase zone and then bounced off it, but I decided not to buy EURUSD because of a small shortfall and a thin market. On a normal day, I might have bought, but I decided not to take...
