On October 15, 2024, a significant breakout was detected in the GBP/USD currency pair. This article dives deep into the technical aspects of this event using a real-time live account perspective. The...
Category: Technical analysis
Traders always look for the perfect time to enter or exit the market during a price movement. For this purpose, they have many indicators they can download and start using with their trading...
The Best Trading Entry Point Using Fibonacci Retracement! – Engulfing Bearish Pattern!
In this video breakdown, we dive into Igor’s analysis of the British Pound vs. US Dollar (GBP/USD) trading strategy, which uses a blend of price action, Fibonacci retracement levels, and moving...
Today, we'll explore the intricacies of two fundamental chart patterns: the double top and double bottom. These patterns are frequently observed on trading charts and can offer significant insights...
Understanding the BlueDigitsFx Open Trades MT4 and MT5 Indicator Trading in the forex market can be complex, with multiple trades often open simultaneously, making it challenging to keep track of...
The Engulfing Pattern – Guide to Combine Technical with Fundamental Analysis
The engulfing pattern is one of technical analysis's most recognized candlestick patterns. It signals a potential reversal in the market and is categorized into two types: bullish engulfing and...
