Analysis of the GBPUSD pair in the H-4 time frame. In my opinion, the level of market volatility this week seems to have decreased slightly when compared to the trading volume in the previous week. This situation can be monitored through the Weekly...
In forex trading, resistance levels play a key role in identifying potential reversal points where the price may struggle to move higher. These levels are areas on the chart where the currency pair has historically faced selling pressure, stalled,...
The NZD/USD currency pair is currently showing considerable strength, supported by a number of favorable economic factors. The New Zealand dollar (NZD) has benefited from high commodity prices, particularly dairy and agricultural exports, which are...
CLASSIC TRIANGLE PATTERN *Classic Triangle Pattern: A Comprehensive Guide* *Introduction* The Classic Triangle pattern is a popular technical analysis tool used to identify potential reversals or continuations in financial markets. This pattern...
Based on a figurative similarity, I identified a matrix structure that shows the clearest level where a downward movement can reach 100% Fibonacci retracement. Therefore, I entered a sell position only after breaking the local support, aiming for...