ForexBee

ForexBee

The Bullish Engulfing Candlestick Pattern is a popular price action signal used by traders to identify potential trend reversals in the market. If you're keen on mastering price action trading, understanding this pattern is essential. This guide will take you from the basics of the pattern to advanced insights, with easy-to-understand explanations to help you...

ForexBee

I’m excited to share a strong trading opportunity with you! Based on my analysis, I’m recommending buying and holding LTCUSDT (Litecoin paired with USDT) for potential account growth of 18% and up to 35%! 🏆

ForexBee

On breakout of low of inside bar in XAUUSD, we should look for sell trades on lower timeframes.

ForexBee

📉 There's a strong flag limit or support area holding the price up for a long time. ⏳ However, this level won't hold much longer and is expected to break soon. 🚨 The price is likely to drop sharply to break Flag Limit 💰 Target price: $57.3. 📊 Stay prepared for potential downside momentum!

ForexBee

in cadchf, price is looking to break the resistance zone. after breakout, price will increase up to the undervalued fair value gap zone. if a valid breakout of resistance zone does not happen, then this setup will not be valid.

ForexBee

In eurchf, there is a clear imbalance zone and price is most likely to fill that imbalance area near in future. From the bottom, price is also completing first wave and now third wave will start after minor retracement. i have mentioned high probability buy zones from where price is most likely to reverse.

ForexBee

Here on NZDUSD, supply and demand indicator has made two demand zones. Price picked buy entry from those demand zones resulting in profitable trades.

ForexBee

Quasimodo is the most advanced chart pattern that is used to predict the market trend reversals.

ForexBee

Dragonfly doji candlestick has same opening and closing price with a long shadow below the closing price.

ForexBee

There are three types of drawdown in trading Absolute drawdown Relative drawdown Maximum drawdown

ForexBee

There are four types of divergence in forex trading Bullish divergence Bearish divergence Hidden bullish divergence Hidden bearish divergence

ForexBee

Supply and demand trading methods has been explained in detail by forexbee.

ForexBee

he descending triangle pattern is one of the top continuation patterns that appear in the middle of a trend. Traders anticipate the market to continue in the direction of the bigger trend and accordingly develop trading setups.

ForexBee

Inside bar refers to a candlestick pattern that consists of two candlesticks in which the most recent candlestick will form within the range of the previous candle. It is the most widely used candlestick pattern and there is a clear logic behind this pattern. It can make you a profitable trader if you will use it in the correct way.

ForexBee

Trendline act as inclined support and resistance line in technical analysis

ForexBee

The square of 9 is a spiral of numbers with an initial value “1” starting at the center. Starting from this value, the number increases as we move in a spiral form and clockwise direction.

ForexBee

Triple bottom is a bearish reversal pattern. it indicates change of trend from bearish into bullish.

ForexBee

Falling wedge pattern is a reversal chart pattern that changes bearish trend into bullish trend.