Trading
CADCHF – 5th Week of March
By FinancialVeracity  •  March 25, 2018
    Daily Chart –  Short-term price action indicates the possibility for a bearish trend continuation in the coming week. In the previous week, the market had failed to break previous structure high with a “Hamari” closing candlestick which leads to the sell-off. The market still holds a strong bullish trend probability over in the weekly and monthly timeframe. The idea of this trade is to seek for lower risking positions with a stronger short-term trend continuation characteristic. Additionally, the market is now trading in a key price level (highlighted in magenta).      4 Hour Chart – As you can see that the market is still holding a bullish trend characteristic but with a channel that is about broken. I’ll be ideally looking to short this market pair on a smaller time frame as the price distance is really small for a favorable RR ratio.     1 Hour Chart – If ......
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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