Forex Cryptocurrency General Chit Chat Thread 2019

Crossbow Hunter

Crossbow Hunter

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Mr. Wood said:
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TP 103.77
:D
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Fell short by 3 pips leh.

:D

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Mr. Wood

Mr. Wood

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The USD/CAD appears to be headed for 1.3020
December 23, 2020 6:45 AM

Looking at a daily chart, on December 21st, the USD/CAD broke out to the upside of a short-term descending broadening pattern that began to form in mid-November. The simple moving averages (SMAs) are arranged in a bearish manner, as the 20-day SMA is below the 50-day SMA. The pair will likely continue its counter trend rebound and reach for the 50-day SMA around the 1.3020 resistance level. If price can manage to get above 1.3020, then it could rally towards 1.3145. On the other hand, if price slips then speculators should look to 1.2815 for support. If the pair fails to be supported at 1.2815, it could slip back down to its 52-week low around 1.2700. If price action falls below 1.2700, it would be a bearish signal as it would be a continuation of the long-term downtrend.
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Mr. Wood

Mr. Wood

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bro, u wanna be fund manager think first must take exam for license. best person to ask is yr broker. or other brokerage remiser.
 
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