Media OutReach
Octa broker on graphical analysis: identifying potentially profitable trades with candlestick charts

Understanding candlestick charts
Candlestick charts help traders respond quickly to market shifts by providing clear visual signals. Unlike line charts, candlesticks offer more details within a specific time frame, which is essential in the fast-paced crypto market.
Common bullish patterns include:
- Hammer. A candle with a small body and long lower wick. It may signal a reversal to the upside when it appears after a downtrend.
- Bullish Engulfing. A two-candle pattern where the second bullish (green) candle fully engulfs the first bearish (red) candle. It often indicates potential upward movement when found at the bottom of a bearish trend.
- Double Bottom. A formation with two similar lows, suggests a reversal and possible price increase.
Bearish patterns include:
- Hanging Man. A small-bodied candle with a long lower wick, appearing at the top of an uptrend, often suggests a downturn.
- Bearish Engulfing. A two-candle pattern where the second bearish (red) candle completely engulfs the first bullish (green) candle.
- Double Top. A structure with two similar highs often warns of a reversal to the downside.
These candlestick patterns allow traders to anticipate potential price reversal points on time, develop a proactive strategy, and confirm their trading decisions in a volatile crypto market.
Besides bullish and bearish patterns, there are so-called neutral candlestick chart patterns like doji. They often signify indecision in the market when the relative strength of buyers and sellers is roughly balanced. Here are some typical doji candlesticks:
- Classic Doji. The opening and closing prices of the candle almost coincide. The candle resembles a thin horizontal line with short shadows at the top and bottom. If the closing price is higher than the opening one, a bullish doji may appear, indicating a potential asset price increase.
- Long-legged Doji. A pattern with long shadows up and (or) down. It signals major indecision, with more potential for a bearish market.
- Riksha Doji. This pattern has a similar shadow length, and the price is in the middle of the trading range.
Key elements of graphical analysis
To forecast price direction and spot valuable trades, traders should also use other tools of graphical analysis. Here are the main ones to consider when analysing candlestick patterns.
Support and resistance levels
- Support: a level where prices tend to stop falling and start rising due to increased buying interest.
- Resistance: a level where prices often stall or reverse due to selling pressure
These levels are identified from historical highs and lows. The more times the price reacts to a level, the stronger it becomes. Notably, a support level can become resistance if the price drops below it, and vice versa.
Traders often look to trade on bounces from these levels or breakouts beyond them. For example, on a historical 4H BTC/USD chart, the price approached the $99,320 resistance level, formed a bullish doji mentioned above, and then decisively broke upward.

Trend
- Uptrend: drawn through higher lows, indicating support in a rising market.
- Downtrend: drawn through lower highs, indicating resistance in a falling market.
Avoid trading against the trend to reduce risk. A trend reversal can be a powerful signal for identifying market turning points.
A guide to reading candlestick chart patterns
Candlestick charts offer valuable insight into market sentiment but correctly interpreting them is essential. Here are several practical tips for traders:
Read patterns in context. In uptrends, look for bearish reversal signals (e.g. bearish engulfing). In downtrends, seek bullish signals (e.g. hammer, bullish engulfing). In sideways markets, dojis and long-wick candles suggest uncertainty—it’s often best to wait for a clear signal.
Focus on key levels. Patterns forming near major support or resistance levels (local highs/lows or historical pivots) are more likely to play out successfully.
Analyse candle size and shape. Large candles with solid bodies suggest strong momentum. Small-bodied candles with long wicks (doji) indicate indecision and uncertainty. Weakening impulse and smaller candles often precede reversal patterns like hammers or engulfing formations.
Backtest with historical data. Studying historical price action helps reinforce your understanding of patterns. For instance, the 1D BTC/USD chart shows that the trend turned upward after the Bullish Engulfing pattern was formed at the support of $40,779. Then, the price approached the resistance at $64,933 and after forming a Bearish Engulfing candle stick pattern, the asset failed to continue the uptrend, and its price sharply declined towards the $40,779 support and then down to $35,387.

‘Relying on single candlestick patterns is risky, as they fail to showcase the full picture—yet when analysed in context, they can pinpoint early signals of potentially promising assets. ‘Trading decisions should always be confirmed with additional technical indicators. Combining candlestick analysis with technical tools can increase the accuracy of your forecasts’ — says Kar Yong Ang, financial market analyst at Octa broker.
Graphical analysis helps traders identify promising assets by interpreting visual price patterns. However, no approach guarantees accuracy. To minimise risk, use a holistic strategy: study candlestick formations alongside key levels and trends, combine them with indicators and volume data and always consider the fundamental context. Macro events, trading volume, liquidity, market sentiment—all of these factors shape the price trajectory of a cryptocurrency. The more data you evaluate, the higher the chances of making a well-informed decision and avoiding costly mistakes.
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Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material.
Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results.
Availability of products and services may vary by jurisdiction. Please ensure compliance with your local laws before accessing them.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
Media OutReach
Trend Micro Delivers AI-Powered Threat Detection with AWS Infrastructure Support and NVIDIA Integration

Proactive security with AI-powered model built for modern enterprise workloads
HONG KONG SAR – Media OutReach Newswire – 7 May 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced new AI-powered threat detection capabilities designed specifically for enterprises embracing AI at scale. This effort brings together Trend’s deep security expertise with NVIDIA accelerated computing and NVIDIA AI Enterprise software, leveraging AWS infrastructure to support scalable, enterprise-ready deployment.
The solution is built to help organizations secure AI-driven workloads and business processes without compromising performance or flexibility. As enterprises scale their AI ambitions from generative AI (GenAI) to agentic AI, new attack surfaces emerge, including threats of data theft, sabotage, and disruption.
To head off the threat of data theft, sabotage, and disruption, Trend is launching a new AI Detection Model leveraging the NVIDIA Morpheus AI framework, part of NVIDIA AI Enterprise, deployed on scalable, high-performance AWS cloud infrastructure.
Trend selected AWS for its global availability, integrated security, and compliance-ready architecture, while NVIDIA provides advanced AI frameworks and the computing power needed to run detection models with unmatched speed and precision. This tightly integrated architecture enables real-time analysis of vast data streams for faster, more precise threat detection.
Chris Grusz, Managing Director, Technology Partnerships for AWS: “Built on AWS’s cloud-native infrastructure, Trend’s platform takes full advantage of NVIDIA AI software and accelerated computing capabilities to power scalable, low-latency threat detection. With AWS’s global footprint and integrated services, Trend can securely process telemetry at scale, adapt detection models to evolving threats, and support customers worldwide—all while accelerating time to value.”
Beyond this integration, other elements of the Trend Vision One™ platform also leverage AWS AI services such as Amazon Bedrock, supporting Workbench Insights to improve investigation workflows and provide deeper context for SOC teams during incident response.
Kevin Simzer, COO at Trend Micro: “AI is reshaping the enterprise, and security has to evolve just as fast. We’re bringing together best-in-class partners in both cloud and AI to deliver something truly differentiated. AWS’s secure and resilient infrastructure gives us the scale, performance, and global availability needed to meet the always-on demands of today’s enterprises. So our customers can detect and respond to threats faster, with confidence.”
To meet these challenges, Trend’s new anomaly detection capability applies AI models built on NVIDIA Morpheus to identify never-before-seen patterns in telemetry and logs. Powered by AWS, the solution rapidly scales across massive data sets, enabling Trend Vision OneTM to build customer-specific detection models that prioritize the most critical events for faster response by security teams.
Strategic technology highlights include:
- NVIDIA Morpheus Digital Fingerprinting: Identifies subtle anomalies to enable proactive detection of unknown threats.
- NVIDIA RAPIDS: Accelerate large-scale data classification, enabling real-time detection and prevention of sensitive information leakage.
- AWS Cloud-Native Architecture: Trend Vision One platform runs natively on AWS, benefiting from the elasticity, global availability, and built-in security of AWS services. This foundation allows for continuous innovation in AI-powered detection while meeting enterprise performance and compliance requirements.
Robert Miller, VP of Corporate Security at Sierra-Cedar: “We’re dealing with an increasingly complex environment with more data. Trend stands out as it doesn’t just provide threat intelligence, it helps make sense of it. Our team can access Trend’s AI-powered platform directly via AWS Marketplace, streamlining procurement and deployment across global cloud environments. This powerful combination allows us to strengthen our security posture and identify threats much faster than we could manually.”
To learn more about Trend Micro’s AI security strategy, please visit: https://documents.trendmicro.com/assets/white_papers/wp-security-for-ai-blueprint-for-your-datacenter-and-cloud.pdf
https://www.trendmicro.com
www.TrendMicro.com
Media OutReach
TDCX retains rank as the top Southeast Asian outsourced CX provider

Among top 17 globally in OA500 Index that evaluates BPO firms worldwide
SINGAPORE – Media OutReach Newswire – 7 May 2025 – TDCX, a leading global business process outsourcing (BPO) company for technology and blue-chip companies, has retained its rank as the top Southeast Asian BPO in the Outsource Accelerator (OA) 500 2025 Index. The company also moved up in global rankings to 17th this year.
Ms. Angie Tay, Group Chief Operating Officer, TDCX, said, “In a world increasingly defined by volatility and uncertainty, customer experience is one of the most powerful trust builders for brands. When done well, it strengthens relationships, drives loyalty, and enhances customer lifetime value—making it a key lever for growth.
“At TDCX, we invest continually in the capabilities and talent needed to help our clients deliver exceptional CX at scale. Our acquisition of Open Access BPO and expansion of AI-driven solutions reflect this commitment. Outsource Accelerator’s recognition of TDCX being among the top firms globally for outsourced CX is a testament to our commitment to providing excellent CX services and a tribute to our 20,000-strong team who are delivering world-class support every day. We thank Outsource Accelerator for this honor.”
Mr. Derek Gallimore, Founder and CEO of Outsource Accelerator, said, “What sets TDCX apart from other BPOs is its remarkable ability to blend technological innovation with human expertise, delivering superior results for their clients. TDCX exemplifies the gold standard in outsourcing that modern enterprises increasingly depend on in today’s digital-first business environment.”
TDCX AI recently rolled out an AI enablement program for a batch of customer experience agents to learn about machine learning fundamentals, natural language processing, and AI ethics. In the course of the lessons hosted by Google Cloud Skills Boost, agents who completed the program were granted a professional certification, establishing TDCX professionals as qualified AI practitioners in the industry. This initiative aligns with TDCX’s broader goal of cultivating a future-ready workforce skilled in leveraging AI tools for enhanced efficiency and extracting actionable insights from business intelligence data.
The index evaluates more than 3,200 BPO companies worldwide based on their global network strength and commitment to excellence. Assessment factors include geographic footprint alongside qualitative metrics such as online prominence and reputation – measured through employee reviews, LinkedIn engagement, and comprehensive third-party analysis from Crunchbase, Glassdoor and Zoom Info.
Hashtag: #TDCX
https://www.tdcx.com
https://sg.linkedin.com/company/tdcxgroup
The issuer is solely responsible for the content of this announcement.
About TDCX
Singapore-headquartered TDCX is a leading global business process outsourcing (BPO) company that provides customer experience (CX) solutions, sales and digital marketing services, and content moderation for clients across various industries. These include digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology and, travel and hospitality.
With a focus on helping companies enable the future, TDCX’s smart, scalable approach—driven by innovation and operational precision—positions it as a key partner for companies targeting tangible outcomes. With more than 20,000 employees across 39 locations worldwide, TDCX provides its clients with comprehensive coverage in Asia, Europe and the United States. For more information, please visit www.tdcx.com.
Media OutReach
BNM’s Policy Rate Call Looms: Octa Broker Highlights Inflation, Exchange Rate and Trade Challenges

On Thursday, 8 May, Bank Negara Malaysia (BNM), the nation’s central bank, will reveal its policy rate decision. Like most other central banks around the world, BNM strives to maintain a balance between low inflation and sustainable economic growth. Its key monetary policy instrument is the Overnight Policy Rate (OPR). By adjusting the OPR, BNM influences interest rates throughout the Malaysian economy, impacting borrowing costs for businesses and consumers and ultimately influencing economic activity and inflation.

BNM has kept its OPR stable since May 2023, when it surprisingly raised it to 3.00% in response to persistently high inflation amid solid household spending and tight labour market conditions. Since then, the economy has not really slowed much, so BNM has kept its base rate unchanged for almost two years now. This stance distinguishes it from its regional counterparts – Bank Indonesia, the Bank of Thailand, the Philippine central bank, and the Bank of Korea – all of which have lowered interest rates to stimulate economic growth.
In fact, the latest official figures showed that Malaysia’s economy showed surprising strength in Q4 2024. Gross domestic product (GDP) outperformed both official estimates and market expectations, growing by 5% year-on-year in Q4 2024. According to BNM, the GDP growth was driven by robust domestic demand, strong investment, and recovering exports. Meanwhile, national inflation has continued to decelerate, with Consumer Price Index (CPI) hitting a three-year low of just 1.4% in March 2025. Indeed, even with reduced government subsidies for diesel, electricity, and chicken, overall inflation has been successfully managed, potentially allowing the BNM to cut its base rate later this year. However, an overwhelming majority of economists polled by Reuters see no policy change this year, suggesting the central bank will wait and see how external and domestic factors unfold.
“The Malaysian economy is doing rather well, but major risks lie ahead, particularly stemming from its high degree of openness. With global trade tensions rising, Malaysia interconnectedness and integration into the global supply chain could exert a negative impact on GDP”, says Kar Yong Ang, a financial market analyst at Octa Broker. Indeed, according to the latest report from the Ministry of Investment, Trade and Industry (MITI), Malaysia recorded a trade surplus of 24.72 billion ringgit in March, well above the poll forecast of a 13.8 billion ringgit surplus. Most importantly, Malaysia’s exports to the United States rose to a record high of 22.66 billion ringgit ($5.14 billion) in March, a 50.8% increase from a year earlier, buoyed by strong demand for electrical and electronics products. However, with the United States introducing import duties on Malaysia as well as on Malaysia’s key trading partners – particularly, China – the strong pace of exports may not last. BNM has recognized this risk in its latest statement: “The growth outlook is subject to downside risks from an economic slowdown in major trading partners amid heightened risk of trade and investment restrictions, and lower-than-expected commodity production”.
Although the market largely expects the BNM to keep its base rate unchanged for the 11th consecutive time on Thursday, Octa Broker analysts argue that the chances of a rate cut have increased particularly because the U.S. Federal Reserve (Fed) may also be willing to cut the rates soon. “With inflation subdued, USDMYR trading at a seven-month low, and rising expectations for a dovish Fed, I think BNM is seriously thinking about when it may need to cut the rates”, says Kar Yong Ang. Indeed, after last week’s U.S. GDP data came below expectation, the risk of recession in the U.S. has increased and the market is now pricing in a 47% of 50 basis points (bps) worth of rate cuts by the Fed by the end of Q3 2025. The dovish Fed may put an additional bearish pressure on USDMYR, highly improving the probability of an eventual BNM rate cut.
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Disclaimer: This content is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to engage in any investment activity. It does not take into account your investment objectives, financial situation, or individual needs. Any action you take based on this content is at your sole discretion and risk. Octa and its affiliates accept no liability for any losses or consequences resulting from reliance on this material.
Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision. Past performance is not a reliable indicator of future results.
Availability of products and services may varyby jurisdiction. Please ensure compliance with your local laws before accessing them.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
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