bonsai_trade

bonsai_trade

Welcome to our analysis of the EURUSD currency pair. We'll be examining the price actions captured on a 1-day (1D) candlestick chart, as well as a longer-term 6-month (6M) candlestick chart. On the 1D chart to the left, we can observe the trajectory of the Euro over the past year. The currency endured a steady decline throughout last year, eventually settling at...

bonsai_trade

Bitcoin is currently forming a falling wedge pattern, a bullish chart pattern that is typically seen during downward trends. This pattern is characterized by a narrowing range with lower highs and lower lows. The falling wedge suggests that the selling pressure is starting to weaken and a breakout to the upside is likely. Over the past 24 hours, it has seen a...