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Channel Down identified at 12-Feb-18:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8739 within the next 3 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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Channel Down identified at 12-Feb-18:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8739 within the next 3 days. Supported by Downward sloping Moving Average |
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Channel Up identified at 12-Feb-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2372 within the next 3 days. Supported by Upward sloping Moving Average |
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Channel Up identified at 12-Feb-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.0833 within the next 3 days. Supported by Upward sloping Moving Average |
Make sure to take the time to evaluate a trade before you hit the buy button. Look at the charts and maybe put in a limit sell order at the closest resistance level. This will help you be more patient of a trader and make more money on your trades. Remember locking in your trading profits is the number one goal. Many new traders get too greedy and don't exit the trade. This is a mistake but they let greed take over only to see the trade sell off.
ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.
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Falling Wedge identified at 10-Feb-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8739 within the next 3 days. Supported by Downward sloping Moving Average |