In forex, a Sell-Off refers to a rapid and significant decline in the value of a currency or currency pair. It is characterized by a wave of selling pressure that leads to a sharp drop in prices. Sell-Offs can occur due to various factors such as economic data releases, geopolitical events, market sentiment shifts, or […]
In forex trading, a reversal refers to a change in the direction of price movement. It indicates the end of a trend and the start of a new trend in the opposite direction. Reversals can occur in both uptrends (bullish reversals) and downtrends (bearish reversals). Identifying reversals is crucial for forex traders as it […]
A “Resistance Level” is a price level at which an asset faces difficulty in rising further. It is a point on a chart where selling pressure is expected to be strong enough to halt or reverse the upward movement of the price. Here is a more detailed explanation of resistance levels: Price Barrier: A […]
In forex, “Resistance” refers to a level at which the price of a financial instrument faces difficulty in rising further. It is a level where previous price movements have encountered selling pressure, causing the price to struggle or reverse. Resistance levels can potentially limit or reverse the upward movement of price. Resistance levels are […]
In forex trading, a “range” refers to a market condition where the price of a currency pair moves within a specific range for a certain period of time. Range indicates a period when the price moves horizontally, without showing any clear upward or downward trend. A range typically occurs when the price of a […]
In forex trading, a pullback refers to a temporary reversal or retracement in the price of a currency pair within an overall trend. It is a common occurrence in the forex market, where prices do not move in a straight line but rather experience periodic corrections or pullbacks before continuing in the direction of the […]
Price Action is a trading strategy and analysis method used in financial markets. This approach aims to trade and predict market trends based on price movements. Price Action is a part of technical analysis and enables traders to make trading decisions by reading price movements on charts. Price Action primarily examines the price movements […]
In forex trading, the term “Parabolic” refers to the Parabolic SAR (Stop and Reverse) indicator, which is a popular technical analysis tool. The Parabolic SAR is used to determine the direction of a trend and identify potential reversal points. It tracks the high and low levels associated with price movements and provides a signal […]
In forex trading, an Order Block refers to a specific price level or area on a price chart where significant buying or selling activity has occurred. It is characterized by a cluster of orders, either buy or sell, that have accumulated at that particular level. Order Blocks are considered important because they represent areas […]
Inside Bar is a candlestick formation used in technical analysis. This formation occurs when a candlestick is completely contained within the previous candlestick. The Inside Bar formation typically indicates a temporary pause in price movement and signals a potential continuation or reversal of a trend. The Inside Bar formation consists of two candlesticks. The […]
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