Bullish Meeting line Chart Pattern The Bullish Meeting Line is a two-candle reversal chart pattern often observed in technical analysis. It suggests a potential bullish reversal in the market after a downtrend. Here’s a detailed explanation of the...
ETHUSD(Ethereum) Ethereum outlook: Ethereum (ETH) continues to capture the attention of traders and investors in the crypto space, currently trading at around $3,387.75. Although it has experienced a slight pullback, Ethereum’s long-term position...
1. Adding the APO Indicator Open Your MT5 Platform. Go to the Chart Window: Select the currency pair or asset for which you want to analyze the APO. Insert the APO Indicator: Go to the top menu and select Insert → Indicators → Trend → Absolute...
Price Action Price action refers to the movement of a security’s price over time and is a fundamental concept in technical analysis. It is the study of historical price movements to predict future market behavior without relying heavily on lagging...
USD/CAD Analysis : I have been analyzing the dollar-Canadian dollar pair on the daily chart. I noticed that when the pair was trading near the resistance level of 1.39068, there was a decline. I assumed at that time that the pair would...
