In this article, you will learn about the Japanese Marubozu candlestick and what signals it gives to buyers and sellers. Translated from Japanese, the name of the pattern means "close-cropped" or "shaven-head". This pattern is similar to Japanese candlesticks such as bullish or bearish counterattack and belt hold. They all have
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Will yen lose its position soon? Forecast as of 22.01.2024
Things are constantly changing in Forex. Outsiders become favorites, and leaders lose their positions. A typical example is the yen. Let us discuss the Forex outlook and make up a trading plan for USDJPY. Weekly Japanese yen fundamental forecast At the end of 2023, the yen was the main Forex favorite due to divergence in monetary […]
Short-term analysis for oil, gold, and EURUSD for 22.01.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trading in a short-term downtrend. Oil price forecast for today: USCrude analysis Oil continues [&he
Dollar should rise but doesn’t. Forecast as of 22.01.2024
From a fundamental point of view, the EURUSD pair should fall. This is signaled by divergence in economic growth and high expectations of monetary expansion by the Fed. Why aren’t bears going ahead? Let's talk about this topic and draw up a trading plan. Weekly US dollar fundamental forecast The world is full of paradoxes. […]
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 22.01.2024
I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. Elliott wave Bitcoin analysis The BTCUSD market continues forming a bearish trend. An impulse composed of sub-waves (1)-(2)-(3)-(4)-(5) should be unfoldin
Supply and Demand MT5 Indicator
<p>In the world of financial markets, traders are constantly seeking tools and strategies to gain an edge. The Supply and Demand MT5 Indicator is one such tool that has gained popularity among traders for its ability to provide valuable insights into market dynamics. In this article, we will delve into the concept of supply and […]
Price Position MT5 Indicator
<p>In the ever-evolving world of trading, staying ahead of the curve is imperative. To make informed decisions, traders need accurate and efficient tools at their disposal. The Price Position MT5 Indicator is one such tool that has been gaining attention in the trading community. In this article, we will explore what this indicator is, how [&