Trading
AUDCHF – 3rd Week of Apr
By FinancialVeracity  •  April 14, 2018
Weekly Chart – The market appears to be trading in consolidation since late 2015 and has only started to build some sort of a bullish demand in late 2017. Market price action seems to be really sensitive when it reaches whole numbers on this pair. Daily Chart – Price action seems to be in a short-term bullish trend with a classical setup. What got my attention into this pair was that market had closed with a rather strong bullish hammer; increase the probability that market to be reversing soon or it’s just a “natural” retracement after a quick build up as seen during the month of Mar-Apr.  Nonetheless, this signifies that it is time for me to put up key levels for entry orders. 4 Hour Chart – Tentative entry would have to be in an area where 4hour and daily key levels co-exist; this would increase your ......
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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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