Adapting to subtle changes within a trend is a key element of successful trading. It's not enough to recognise that a trend exists; to stay ahead, you need to understand how trends evolve.
From the initial surge to the steady grind, each phase of a trend carries its own characteristics—and knowing how to react to these transitions is what separates a prepared...
Oil prices surged past critical technical levels last week as escalating Middle East tensions raised fears of significant supply disruptions. As bullish momentum builds in response to geopolitical risks, let’s explore the key levels to watch, where short-term gains could face resistance from lingering long-term weakness.
Geopolitical Tensions Fuel Oil's Rally...
EUR/USD broke through a key level of support following Friday’s non-farm payrolls, confirming a double-top reversal pattern on the daily chart. With the dollar strengthening on the back of solid U.S. economic data, the pair’s recent price action signals further downside may be ahead.
A Textbook Double Top Meets Strong U.S. Data
The double top pattern on...
Da inizio anno il petrolio sta guadagnando solo il 2% ma se ci concentriamo sui massimi di aprile 2024, dove il prezzo del petrolio ha raggiunto gli 88$ al barile, i prezzi sono scesi di oltre il 25%.
Nel 2022, post pandemia, abbiamo assistito a picchi che non si registravano dal 2008, intorno ai 120$ al barile per poi cominciare una lenta discesa fino ai giorni...
Welcome to our 2-part series on adapting to change in trading, where we dive into the art of staying flexible in dynamic market environments. In Part 1, we’ll explore how traders can effectively navigate consolidation phases and avoid the pitfalls of rigid analysis.
The Trap of Over-Defining Consolidation: Price Action is Fluid, Not Fixed
One of the biggest...
With gold pulling back from trend highs, we take a look at how deep the retracement is likely to be and how short-term swing traders can time their entry.
Why Gold Is on the Rise in 2024
Gold has been on a strong upward surge this year, with a combination of global demand, favourable interest rate expectations, and significant moves by central banks,...