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Chart pattern

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Chart pattern

Post by olixlite on Wed Jun 11, 2014 7:48 pm

Many forex traders use chart patterns to predict the future direction of price.These chart patterns are considered reliable and they can take several hours ,day,or weeks to form but their outcome can be verified by looking at previous examples which have provided good trading opportunities . We have different types of charts : bar chart , line chart and candlestick charts which are widely and popularly used by traders. Line charts have different advantages for viewing price data compare to candlestick chart which show highs and lows,opening or closing price. You can find chart style that is best for you.

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