#EDU
The price has moved in a descending channel since last May.
And that channel was broken and the direction changed.
Now the landing is expected to retest the new support zone
Current price 0.7500
Target 0.5000
Before completing the ascent again
For target 1.1000
Please take advantage of support and resistance points
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Smart Money Concept ( Relative Equal Low ) as I mentioned in the Chart.!
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I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p
It is so simple but yet...
Support and resistance levels are critical in financial markets.
They are very similar to pivot points, except simpler.
When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could...
A little Reviews about USA Election 2016 If we see till now Race tightens, but
Clinton still leads Trump by 4%, new poll finds. But still 2 days more to go for final result.
What will happen if Clinton Won or What will happen if Trump won?
Ans: If we see overall in any country election who Ever Wins Stocks of that country and
Currency Welcome new President. So...
Why everybody is doing the same thing?
When Mr. John Bogle floated the idea of passive investment in indices, it was a novelty. But now after couple of decades in existence and raft of index linked funds, it is common. And when something becomes too common and ubiquitous in trading, history says it is about to become dangerous. Much touted SIP ( Systematic...
To Earn From Equities - Innovation Is Needed
Savvy investors always think about 'what if' scenarios. Thinking about Plan B or Plan C and making appropriate risk adjustments in the strategy is what separates wheat from chaff. Being attached to the reality and understanding the truth that nothing lasts forever under the sun is much needed to accumulate long term...
This is continuation of my mini series about "When not to draw XABCD lines" It should be named part 2.
"Picture is worth thousand words"
Not any picture, if there is a picture about how XABCD works then its not worth so much. Almost every book will tell you that it works, but almost none will tell you when it doesn't work.
For me I like to just deduce, not...
