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AUDCHF : trade setup 15 April we a strong bullish orderflow here . We got the last higher low as our demand zone , already got liquidity (×) . Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

While a hammer candlestick pattern signals a bullish reversal, a shooting star pattern indicates a bearish price trend. Shooting star patterns occur after a stock uptrend

Bullish and bearish engulfing are candlestick patterns that indicate a potential change in price direction. They are popular with traders because they are easy to spot and trade.

The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend. The opposite pattern to a morning star is the evening star, which signals a reversal of an uptrend into a downtrend.

A ranging market, also called a choppy market, is a market where the price bounces between a high and low level, with the high level being the buy side liquidity and the low level being the sell side liquidity. The price movement can be horizontal, ranging, or sideways. Ranging markets are the opposite of trending markets, where the price is either trending up or down.

Back to Basics A bullish trend is illustrated by the creation of Higher highs and higher lows . It's started by the creation of market breaking previous trend lower high known as change of character.

Back to Basics A bearish trend is illustrated by the creation of lower lows and lower highs . It's started by the creation of market breaking previous trends higher lower known as change of character.

Double top - an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. Choch - a market structure shift that indicates a potential market reversal. It's characterized by the price breaking a prior swing low during an uptrend (bullish ChoCH) or a prior swing high during a downtrend (bearish ChoCH).

Head and Shouders - baseline with three peaks, the middle peak being the highest. The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end. With a Choch - a market structure shift that indicates a potential market reversal. It's characterized by the price breaking a prior swing low during an uptrend (bullish ChoCH) or a prior swing high during a downtrend (bearish ChoCH).

CHOCH - a market structure shift that indicates a potential market reversal. It's characterized by the price breaking a prior swing low during an uptrend (bullish ChoCH) or a prior swing high during a downtrend (bearish ChoCH).

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