Directional Movement using Hann (DMH) as a Confirmation Indicator
Directional Movement using Hann (DMH) as a Confirmation Indicator
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Directional Movement using Hann (DMH) as a Confirmation Indicator
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AUD/USD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a brief recovery was repeatedly rejected above falling 20DMA and formed a double bull-trap on daily chart. Bearish daily studies maintain downside pressure, though further headwinds in this zone should be anticipated as indicators are entering oversold territory. On the longer…
As indicated by the S&P 500 index chart (US SPX 500 mini on FXOpen): → After breaking above the resistance line (shown in red) in the third week of December, the equity market formed an upward trend, consistent with the typical characteristics of the Santa Claus Rally. → At the opening of trading in the…
The Trend Strength Index (TSI) for MetaTrader 4 (MT4) could be the solution. By providing real-time data on trend intensity, the TSI helps traders make more informed and confident decisions. Understanding the Trend Strength Index The Trend Strength Index (TSI) is a powerful technical indicator designed to measure the strength of a market trend. It…
The Range Filter indicator functions as a volatility-adjusted moving average that adapts to market conditions. Unlike traditional moving averages that lag behind price, this indicator incorporates range-based calculations to filter out insignificant price movements. Here’s what makes it different: The indicator measures the average true range over a specified period and uses this data to…
2025.07.18 2025.07.18 USD/JPY: Elliott Wave Analysis and Forecast for 18.07.25 – 25.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 142.76 with a target of 154.80 – 158.85. A buy signal: the price holds above 142.76. Stop Loss: below 140.50, Take Profit:…
Watching the Situation in Venezuela and Awaiting Some Key Data Due Soon January 7, 2026 The Trump Administration continues to unfold sweeping changes in policies toward other countries in the Western Hemisphere. Precise details remain sketchy, but the roll-out of assertions has been very bold, with implications stretching well beyond Latin America and Canada to…