Investors should use basic Technical Analysis for powerful decision making. I see it as a challenge to demonstrate how useful knowledge of one simple pattern can be to identify price reversals. Recognizing this pattern and acting on it will save much money and headache!
Both traders and investors need to be on guard for false breakout reversals. Seeing this...
When we look at the chart.
We expect a strong rally or fall because of the price action.
Price in the same areas so bollinger bands are squeezing.
But !!!
Look at the chart 17 YEARS LONGGGGGGG Same price action. No move. God.
Life time and price is same..
So Stay away from forex and other leveraged and date expiry stuff.
IF you wanna buy something. Buy it....