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As a result, there are fewer gaps in the price patterns in FX charts. FX candles can only exhibit a gap over a weekend, where the Friday close is different from the Monday open. Many candlestick ...
Marcus stared at his computer in disbelief. The EUR/USD had just broken through what he’d convinced himself was a textbook ...
One of the most fundamental mistakes new traders make is entering the market without a well-defined trading plan. A solid ...
but are most frequently used by forex traders. Harmonic patterns are chart patterns that use Fibonacci ratios to locate precise turning points. They set out to predict price reversals and how long ...
Technical analysis—an analysis of historical price action and chart patterns—is one of the main ... Broker Global 2024’ award from Global Forex Awards and the ‘Best Mobile Trading Platform ...
Point and Figure has been around for over 130 years and the method is just as essential for chart analysis today as it always has been. While the basic principles of the technique have remained ...
The charts incorporate candlestick patterns, Bollinger Bands, and a Z-score momentum indicator to assess potential long-term trends and key levels. Candlestick Patterns: Used to identify potential ...
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