Day: November 5, 2024

The Relative Strength Index (RSI) is a momentum-based indicator used to evaluate the rate and magnitude of price fluctuations in the forex market. Developed by J. Welles Wilder, the RSI is one of the most widely used technical indicators in trading. It helps traders identify potential overbought or oversold conditions and possible reversal points in the…

The Pin Bar price action strategy is a popular trading technique in forex that focuses on identifying specific candlestick patterns known as pin bars. This strategy helps traders recognize potential market reversals and make informed trading decisions based on price action. Understanding the Pin Bar A pin bar is distinguished by its small body and…