📆 Week of August 11–17: Key Macroeconomic Events!

Markets are teetering between trade wars and weak U.S. data. But the bullish trend in the indices suggests — movement is coming.

💥 The most important events for August 11–17:
🔹 Tuesday — RBA rate decision, U.S. CPI release, and U.K. labor market data.
🔹 Wednesday — inflation data from Germany.
🔹 Thursday — Australia’s labor market report, U.K. and Eurozone GDP, U.S. Producer Price Index, and Japan’s preliminary GDP.
🔹 Friday — data from China, U.S. retail sales, and the University of Michigan Consumer Sentiment Index.

🎯 The key event of the week — U.S. CPI. Keep a close eye on it.

Check out the economic calendar on LiteFinance — everything’s already compiled for you.

📊 Patterns are recurring shapes on charts that hint at where price might go next. From triangles to head and shoulders — there are over a thousand!

The most efficient patterns help traders spot entry and exit points. They fall into:

⚡️ Continuation patterns (flags, pennants)
⚡️ Reversal patterns (head & shoulders, double bottom)
⚡️ Bilateral patterns (symmetrical triangles)

📈 Knowing patterns is a must-have skill for anyone aiming to trade like a pro.