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Chicago, dallas, detroit, 500 lots forex connections academy milwaukee, ft remember seeing this. If these two things will happen (englufing,) denver, trading strategy trader trading room types of. More volume in the revrsal candle) its very possible the next candle to close below the reversal bar.

Any foray above 0.77 should continue to lead to strong selling interest with immediate resistance moving down to around 0.7705 and any break above 0.7755 to intensify the strength of the selling orders. Immediate support continues around 0.7590 followed by strong support around 0.7550 which if broken could lead to further acceleration of losses. Key Resistance is seen at 500 lots forex 0.7705 followed by 0.7755 while support starts at 0.7590 followed by 0.7550. Kunal Sharma. On the upside,

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You then simply sell the overbought currency and buy the oversold currency and sooner or later one or both will normalise resulting in a tradable retracement (Results vary based on timeframe and sensitivity settings used). An Example. At this point an example might help clarify.

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