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Triangle identified at 05-Apr-06:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 110.7440 within the next 9 hours. |
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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Triangle identified at 05-Apr-06:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 110.7440 within the next 9 hours. |
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Ascending Triangle has broken through the resistance line at 05-Apr-09:00. Possible bullish price movement forecast for the next 2 days towards 1.3886. Supported by Upward sloping Moving Average |
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Channel Up identified at 02-Apr-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 86.0830 within the next 2 days. Supported by RSI above 60 |
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Rising Wedge identified at 31-Mar-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1094 within the next 3 days. Supported by Upward sloping Moving Average |
The earlier you start investing in the Forex markets the more money you could make. Of course you can also lose money. It is important that you learn the correct way to trade the Forex. Consider using a good service that will teach you how to trade correctly. There are many roads to learn to make money investing so make sure you choose the right road. Make sure you get what you pay for if your new try and use a service that can help you learn to make the right decisions. The Forexmentor Live! interactive training in trading Forex includes unlimited access to the live trading classroom, detailed tutorial videos used in trading client accounts, a step-by-step guide to the LPT Method, technical analysis, detailed presentations throughout the day, live Trade Alerts, access to Professional Fund Managers, access to live news feeds in real time and so much more.