Impact of U.S Interest Rate Hike
9 years ago
"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore
weekly and daily at market closing A bearish candle on the weekly chart indicates that the bears might return next week. A penetration of the daily lower trendline at the proximity of 143.00 should bring the price down to test the neckline of the possible double top pattern. Should the price breaks the double top neckline at 139.00, the beast could dive 1,180 pips and hit 127.xx by the end of May..... Good luck and happy trading...
Subscribe to:
Post Comments (Atom)
Let's trade.... |
Forex EducationMy Blog List
Blog Archive
Blog Followers |
The content of this blog is for educational purposes only. And the content on this site is aimed solely for the use by ‘experienced’ traders in the FOREX market as the contents are intended to be understood by professional users who are fully aware of the inherent risks in forex trading.
This blog uses third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.
About me | Simple Box Template by Subagya © 2009 | Free Blogger Templates | RSS Feeds
Back to TOP
0 comments:
Post a Comment
You are welcome to post comments. However, please do not use Anonymous as your ID. At least, put in your initials for easy reference in further conversations.