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Bitcoin against the dollar on the H4 time frame. This is the best time frame, in my opinion, to analyze this pair. The upper horizontal blue line represents the previous day’s high. As you can see, the price has found resistance at this level almost ...
The Ascending Scallop is a multiple candlestick chart pattern that indicates that a bullish continuation is taking place. This pattern forms close to the peak of an uptrend in the market. The Ascending Scallop is a candlestick pattern that consists ...
On the other hand, Readings of 70 or above signal overbought circumstances and raise the likelihood that prices may drop. Some dealers view an overbought forex currency pair as a sign that the upward trend is likely to change, providing a market ...
XAU/USD is trading at $1,810.49, down by 0.06% in 24 hours. Last week, the yellow metal lost value against the US dollar on all five trading days. Furthermore, its price has dropped for four consecutive weeks and is still under pressure at around a ...