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☕️ Cup and Handle Pattern: Quick Breakdown
v
Noví obchodníci
Včera o 05:22
📈 Cup and Handle Pattern Explained The Cup and Handle is a bullish continuation pattern that suggests a potential breakout after a period of consolidation and minor pullback. 🔹 Cup: A rounded bottom formation resembling a “U” shape. It reflects a gradual shift from selling pressure to buying interest, often following a prior uptrend. 🔹 Handle: A short-term pullback or sideways movement after the cup, forming a small downward-sloping channel or flag. This represents a final shakeout before the breakout. 🔹 Breakout: Price breaks above the handle’s resistance level, signalin...
Forex Trading: The Dream, the Reality, and the Truth
v
Noví obchodníci
Oct 01 at 05:50
Every beginner in forex trading has that moment—scrolling through Instagram, spotting someone leaning out of a rented Lamborghini, holding neon-lit champagne, promising you can retire next Friday if you buy their $997 course. Tempting, right? Who wouldn’t want to swap a rusty Ford for a supercar in a week?That’s how most people start: chasing financial freedom. The dream of quitting your job, trading from a hammock, and living off coconut sounds. Forex is marketed like a grown-up lottery—just with more charts and less luck.And yes, it’s thrilling. The forex market...
Precious Metals Surge to Historic Highs. What is Next?
v
Zkušení obchodníci
Sep 30 at 05:18
Precious Metals Surge to Historic Highs● Gold hits an all-time high● Silver, Platinum, and Palladium soar● Friday’s U.S. Nonfarm Payrolls report may be delayedWe may be witnessing a historic turning point in the precious metals market. Last week, silver, platinum, and palladium rallied with astonishing strength, climbing with little resistance. Silver closed at $46/oz on Friday—up $3 from the previous week and now up 60% year-to-date. Platinum and palladium also posted double-digit gains, with platinum reaching levels not seen in over a decade.This morning, the rally continues:🔹 G...
From Asian Fakeouts to London Breakouts: A Classic Day-Trading Playbook
v
Obecné
Sep 25 at 06:09
Asian session fakeouts🧋1. Refers to false breakouts/signals during the Asian session.2. The Asian markets (Tokyo, Sydney) usually have lighter trading volume and narrower price ranges.3. Price may appear to break key support/resistance, luring traders in, but it’s often just a liquidity grab that soon reverses.London momentum🫖4. Refers to the real directional move during the London session5. When London opens (around 3–4 PM Taipei time), trading volume and liquidity surge, often driving a strong, genuine trend.🔑 Combined Idea: Many intraday strategies watch for the pattern &ldqu...
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