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| Rising Wedge has broken through the support line at 07-Dec-10:00. Possible bearish price movement forecast for the next 2 days towards 137.8770. Supported by RSI above 60 | ||||||||||||||||||||||||||
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
Monday, December 7, 2020
Forex chart GBP/JPY
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