Plan: wait for the price to bounce off from demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
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Traders!! if you...
We can make our decisions near the Support Level using these examples.
If the price will approach slowly we should wait for the breakout.
If it will happen fast we can trade buy!
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First, Christmas is round the corner.
Secondly, maybe not the most to most shoppers are exchange rate, especially if it is a one-off purchase.
Being a trader and investor, I guess this is some kind of occupational hazard.
Chart tells me it is likely to fall further to 1.344 but at current rate, it is much better compared to March this year when it was at a...