Josh2376

Historical and Future Trend Turning Point Signals for JPYCAD

Short
FX_IDC:JPYCAD   JAPANESE YEN / CANADIAN DOLLAR
Future signals give warning that a change in the short segment of price trend may occur. Given this information, traders can evaluate the existing trend segment and look for evidence in price of a possible change in trend. The signal gives early warning that the trend segment may change. This allows traders to prepare to exit existing positions and possibly enter new positions. Breaking a short term trendline warns that the trend segment bias may be changing. Traders can use trendlines on larger trend segments to help identify when more significant changes in supply and demand may be occurring.
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