This is a trading chart for the EUR/USD currency pair in Meta Trader (MT5) software. It shows the following key details:
- Currency Pair: EUR/USD (Euro vs US Dollar).
- Time frame: H1, indicating that each candlestick on the chart represents one hour.
- Candlestick Chart: The chart uses candlestick patterns, where green candles typically represent price increases and red candles represent price decreases.
- Price Levels: Price levels are indicated on the right side, ranging from approximately 1.08075 to 1.09110.
- Volume: A volume indicator is displayed below the price chart, with bars indicating the number of transactions during each hour. Green bars indicate higher volume in uptrend movements, while red bars correspond to volume in down trend movements.
- Date Range: The chart displays data from October 15th to October 18th, 2024.
- Market Activity: The chart shows various market trends, with downward movement on October 16th, followed by a more stable period and a slight up trend on October 18th.
This type of chart is used for technical analysis, allowing traders to analyse price movements and make decisions based on historical data, patterns, and volume trends.
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