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What this chart pattern shows us is a loss of trend strength and a deceleration in price movement. The most achievable projection for setting our take profit will be the maximum width of the pattern, which occurs at the beginning of it. Alternatively, you can take the level that marks the start of the correction as a profit-taking point. As for the stop-loss...

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EURUSD - Selling Opportunity. Timeframe analysis: 1H. Selling opportunity in the EURUSD pair after a multi-timeframe analysis revealed the following convergences: - 4H: Fast-moving average acting as resistance. - 1H: Slow-moving average acting as resistance. - 15min: Fibonacci level (-0.236) acting as a point of exhaustion of the bullish momentum (pullback), thus...

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🔍 The psychology of the markets is a discipline that studies the different mental scenarios that investors often face when making their investments. 📚 Psychology in the market is one of the major pillars (for many, the primary one) that influences the success of the investor. The other two pillars are capital management and the applied investment system...

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USDCHF - Selling Opportunity. Analysis Timeframe: 1D. Selling opportunity on USDCHF if we observe price confirming a downward breakout of the chart pattern with a strong candle. Our profit target will be set at the last low before the formation of the mentioned pattern. As for the Stop Loss, we will place it above the fast-moving average acting as resistance. (🇮🇳)

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The US Dollar Index (also known as DXY or USDX) measures the value of the US dollar against a basket of foreign currencies. Therefore, it provides us with an insight into whether the dollar is strengthening or weakening compared to other major currencies. This index has a positive correlation with currency pairs where the dollar is the base currency. Conversely,...

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USDCAD - Selling Opportunity (Part II). Timeframe of the analysis: 4H. After the first analysis on USDCAD with double Take Profit and having already achieved the first one, the price has formed a bearish continuation pattern that we hope will break in the next move and take us to the final profit-taking point.

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A channel is a pattern used in the technical analysis of financial markets that defines the movement of the price of an asset between the upper and lower lines of the pattern (parallel lines). Channels can be bullish, bearish, or sideways. They are reversal patterns, meaning they indicate a signal for a change in trend. When it comes to trading them, there are...

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EURUSD - Buying Opportunity TF analysis: 4H. Buying opportunity in EURUSD in the event of seeing the price confirming a false breakout of the chart pattern it was in, while also rejecting the moving average acting as support.

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The 1 Hour Retrace pattern is a candlestick formation with great potential for success and strength. This pattern originates after a false breakout of the level in which the price is contained, for example, in a channel. The beginning of this pattern occurs when one of the candles breaks outside the levels that contain the price and, subsequently, the next...

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XAUUSD - Buying Opportunity TF analysis: 1H. We expect a bullish reversal movement after touching the lower end of the observed channel.

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The 'Bullish Triple Formation' is a pattern in which two large bullish candles appear, separated by three small bearish candles. These three bearish candles make new lows and are contained within the body of the first large bullish candle. This pattern occurs in an uptrend and is interpreted as a correction of the trend after an upward impulse, indicating a...

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CEMEX/CPO - Buying Opportunity. TF analysis: 4H. According to technical analysis, we can observe that we are in an uptrend channel, in which the price is gaining greater inclination by making higher lows. The projection of the possible upward movement is located up to the upper end of the channel.

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Expected Value (EV) is a statistical concept that indicates whether our trading system or strategy will yield positive, negative, or neutral results in the medium or long term. It is based on previous results. As we know, past performance does not guarantee future results, but it helps us get an idea of how it might work and allows us to base our decisions on...

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AUDJPY - Buying opportunity. Analysis TF: 4H. Waiting for the price to break the recent resistance level, where different signals converge, indicating a potential bullish movement.

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A Hammer candlestick is a single-candle reversal pattern that indicates a potential change in the trend direction. These candles are typically characterized by a high or low that is significantly distant from the closing price, with the shadow being at least twice the size of the body. Like any candlestick pattern or analysis tool, its reliability increases with...

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USDCAD - Opportunity: Sell after chart pattern breakout. Timeframe of the analysis: 4H. We observe convergence of different signals confirming our strategy to enter a sell position. We place the Stop Loss at the last high and set two Take Profit levels, one moderate and another with a higher projection and longer-term.

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Have you ever heard of a stock heatmap? 📈 It's an innovative and visually appealing tool used in the world of finance to analyze and interpret market data. Let's explore what it is and how it can be useful in your trading journey. 🌡️ What is a Stock Heatmap? A stock heatmap is a graphical representation of a large set of stocks or securities, where each...

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Drawdown is the metric used to measure the decline in a performance curve relative to a previous peak. It represents the distance between a maximum point in the capital curve and its subsequent minimum. This indicator can be visualized in relative terms (%) or absolute terms (€, $...). In my opinion, I always recommend using relative data as it makes the analysis...