in the previous article The author has mentioned ascending triangle patternHow can shapes and patterns indicate a change or continuation of a trend? In this article, the author discusses another type of triangle price pattern: down triangle...
One of the fundamental assumptions in price action technical analysis techniques is the assumption that asset price movements will create certain patterns that will repeat over time. repetitive price These are to develop and execute trading strategies....
report from Euro ChangeCurrently, 180 currencies are used in 190 countries around the world. Basically, these 190 countries issue official currencies. Official currency can only be used within the borders of the issuing country.
For example, Indonesian...
The law of supply and demand or the law of supply and demand is one of the microeconomic concepts that can be applied internationally in various commodity transactions. Including that can be used to buy and sell...
Forex trading is a challenge for traders. The reason is that although it has the same technical aspects as stocks and other financial instruments, forex is a tool with its own characteristics.
Therefore, even experienced traders need...
Every trader wants to earn consistent profits. The question is, how to trade with consistent profits? This question makes sense. due to the volatility of trading instruments Especially forex is quite reasonable.
It should...
Reading forex trading books is one of the best ways to learn forex.
Forex trading is hard and easy. So you don't panic, but forex is one of the most volatile instruments in the world. And its...
Volume is one of the key factors in trading any instrument, including forex. A large selling volume without the same volume demand can lead to a decrease in the price of the instrument. and vice versa This...
Have you ever wondered when is the right time to buy the currency you want? In fact, you have used several technical indicators. But still confused how to read it? It might be time for...
In trading, we recognize various price action patterns. which indirectly indicates where the next price trend is going. This price action pattern is often repetitive. at a time so that traders/investors can use it...
