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Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 2 days. Supported by Downward sloping Moving Average |
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.
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Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 2 days. Supported by Downward sloping Moving Average |
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Ascending Triangle has broken through the resistance line at 12-Jan-10:00. Possible bullish price movement forecast for the next 2 days towards 142.3095. Supported by Upward sloping Moving Average |
At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification | ||
Symbol : EURCAD | ||
Direction : Identified time : 2021-01-11 09:04 EST Breakout price : 1.55861 Forecast price : 1.56148 Forecast pips : 29 Probability : 66.45 % | ||
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Inverse Head and Shoulders identified at 11-Jan-11:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.0868 within the next 3 days. |
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Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 3 days. Supported by Downward sloping Moving Average |