TRADING CHART ON USD/JPY M30. The provided chart of the USD/JPY currency pair on the M30 timeframe reveals a notable shift in momentum from a previous bearish trend to a strong bullish recovery. Initially, the pair underwent a pronounced decline,...
Bearish Abandoned Baby Candlestick Chart Pattern The Bearish Abandoned Baby is a relatively rare but powerful candlestick pattern used in technical analysis to predict a potential reversal from an uptrend to a downtrend. Here’s an in-depth breakdown...
The GBP/JPY currency pair extended its upward trend for the second consecutive session, trading near the 193.10 level during the European trading hours on Tuesday. This upward momentum can be primarily attributed to a weakening Japanese Yen, fueled...
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Hello. Buyers are trying to push the price up, but they are not allowed to move forward very actively, and this may indicate the strength of sellers, who will still try to form another wave of decline. If you look at the structure, then it is...
