Talking Points EUR/USD turnover failing to confirm recent dropGold nearing key support zoneUSD/JPY touches important long-term trendline USD/JPY USD/JPY reached new multi-year extremes late last week before stalling near a key long-term trendline connecting the 2002 & 2007 peaks around 109.50Our near-term trend bias remains higher in USD/JPY while ...
Talking Points: The Double-Top and Double-Bottom formation show multiple tests of support (or resistance) at a particular price level.Traders can look to trade subsequent tests of these price levels. The Double-Top/Double-Bottom The Double-Top or Double-Bottom formation will occur when two separate ‘moves’ bounce from a support or resistance level. This highlights that level as being especially strong, so that the next time price encounters this, ...
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iTrend indicator for Renko Charts ---------- iTrend_v1.02 600+ indicator was created for Premium Trading Forum. This is updated iTrend indicator to work with Renko charts. The version is for MT4 build 600 and above ---------- You need to subscribe to Premium Trading Forum to read and to download.