The GBPCHF pair is trading near a key resistance zone around the 1.13646 level, which has acted as a significant area of interest in the past. This region has previously led to reversals, suggesting that sellers may regain control at this point. The price action indicates a potential for bearish momentum, especially if rejection patterns form at this level. A...
The NZDUSD pair is currently approaching a significant demand zone near the 0.55800 - 0.54700 level. Historically, this area has acted as a strong support, leading to notable bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher. A bullish confirmation, such as a strong rejection pattern,...
Hey, just putting this out there – here are some popular misconceptions that traders believe and risk to limit their growth and profitability in the beginning. To begin with, indicators can guide your decisions indeed, but without a solid market understanding, good RISK MANAGEMENT, and a clear strategy, they really won’t do much for you. 🔄A strategy suits...