Fair Value Gaps (FVGs) in trading occur when there’s a significant difference between the current price of a currency or financial asset and its fair value. These gaps are typically represented on charts by large candlesticks, indicating a substantial move in price over a short period. The concept hinges on the market’s efficiency or inefficiency … Read more
The Change of Character (ChoCh) pattern in forex trading is a way to spot a shift in the market’s trend. It happens when there’s a break in the market’s usual pattern. For example, in an uptrend, if prices usually make higher highs and suddenly start making lower highs, it’s a sign of ChoCh. This indicates … Read more
Break of Structure (BOS) is an important concept in Forex trading that points to a major change in how currency prices are moving. Imagine it like a train changing its tracks. How to Spot a Break of Structure? These simple ways to identify a BOS help traders figure out where the market might be headed … Read more