Starting a successful venture in the world of FX trading can be a daunting task, especially with the overwhelming number of options available in terms of tactics, indicators, and signals. Ultreos Forex aims to simplify this process by providing top-notch forex signals in Australia. Our forex signal service is built on reliable technical analysis, offering … Read more
RSI divergence signals show traders when price action and the RSI are no longer showing the same momentum. The RSI shows the magnitude of a price move in a specific timeframe. The RSI is one of the most popular oscillators used in technical analysis. A divergence shows the relation between the RSI and current price action is becoming uncorrelated.
Bear Flag Pattern Explained; Two drops separated by a brief period of consolidating retracement constitute a bear flag, a bearish chart pattern. The flagpole develops after an almost vertical panic price collapse when bulls are caught off guard by sellers, followed by a bounce with parallel upper and lower trendlines that creates the flag. The … Read more
Chart patterns are specific price formations on a chart that predict future price movements. As technical analysis is based on the assumption that history repeats itself, popular chart patterns have shown that a specific price movement is following a particular formation of price (chart pattern) with high probability. Therefore, chart patterns are grouped into (1) continuation patterns – that signal a continuation in the underlying trend, and (2) reversal patterns – that signal reversal of the underlying trend.
Forex trading Signals in Malaysia has gained significant popularity among Malaysians as a promising investment tool. The findings of the comprehensive study conducted by a global broker shed light on the positive perceptions of Forex among Malaysians. The study’s significant revelation was that a staggering 4.7 million individuals in Malaysia actively participate in Forex trading, … Read more