Explore expert analysis, trends, and strategies in the forex market. Stay informed with the latest insights and trading tips at Brash Means.
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Reading Time: < 1 minuteLook at this #expandingtriangle pattern here formed in the #dx (dollar index) from 6/10- 6/30. ?Wave A = Zigzag?Wave B = Zigzag?Wave C = Is usually more complex than the other waves.?Wave D = Zigzag but also gives the look of an impulse wave.?Wave E = In rare cases take the form of a triangle pattern itself. A triangle[More…]
Reading Time: < 1 minuteThe charts show that we are at an important juncture in all major markets; #Gold, #DJIA, #DXY, #EURUSD just to name a few. The market may be ready to take a turn for better or worst, depending on your stance in the market bullish or bearish. When the three-wave move is complete; does it mean[More…]
Reading Time: 2 minutesWhen a correction is in play, all you can do is wait it out. We sometimes get caught up in trying to predict or forecast. The funny around Instagram is that new traders want to be right all the time but experienced traders want to make money. Everybody wants to make money, though. For me;[More…]
Reading Time: 2 minutesWithin the $EUR/USD. The pattern that I’ve been tracking for about a month The $EUR/USD. About a month-long cumbersome Expanded Flat, a roller coaster ride to say the least. Right before giving up, the pattern unveils itself. In difficult times of uncertainty, you may have to step away and let the pattern form. You can’t[More…]
Reading Time: 2 minutesAs we make a new low on 04/23/20. The #USDCAD began to hit support with a huge push back to the upside on the 360-minute chart. The candle closed more than ¼ of the previous (long drop) candle. By the very next day, we had already reached a high looking at a potential doji. Now[More…]
Reading Time: 2 minutesGBP/JPY Ending Diagonal – One of the Most Reliable Trading Patterns What’s up traders! 🚀 In today’s Short Learn, we’re diving into a powerful setup on GBP/JPY—the Ending Diagonal, also known in traditional technical analysis as a Rising Wedge pattern. When analyzed correctly, this formation stands out as one of the most reliable trading patterns[More…]
