Bullish Counterattack Lines The bullish counterattack candlestick pattern is a crucial tool for traders to identify potential reversals from a bearish to a bullish trend. In the bullish pattern, the price of the asset initially trends...
On Tuesday, the spot price faced intensified losses against the US Dollar (USD), with the pair dipping close to 0.6740. This drop can be attributed to several significant factors, including ongoing economic weaknesses in China and falling iron ore...
Market Overview: Greetings everyone, and a warm welcome to Interlock's Trading Journal! How are you doing today? I hope you're enjoying profits from my recent Bitcoin analysis. Yesterday, Bitcoin tested the 57,100 level before bouncing back to the...
GBP/USD experienced a significant reversal on Thursday, giving up all of its gains for the day and falling below the 1.3100 level. The pound's struggle to extend its winning streak can be attributed to stronger-than-expected US economic data,...
What is spread in forex trading. What is Spread in Forex Trading? Forex trading, or foreign exchange trading, is a complex world filled with unique terms and concepts. One of the most fundamental aspects of Forex trading is the "spread." If you’ve...