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EURCZK Daily Forex Technical Analysis

Daily EURCZK

The Basic Forex Technical Analysis:

Narrow Sideways Channel and entry strategy thinking along the lines that the market will eventually breakout.

Channel Breaks = Bear Market

Price Action held under 200 MA = Bear

Declining Channel Identified

Current Price Action at Horizontal Support.

NB and some Forex tips for the note book:

The Daily is the Driver. 

The Market Breaking out of the channel will have an anticipated target of the length of the original channel formed before breaking out.

50% Retracement Rule will tend apply to this strategy and pattern.

Mid time frame to correlate to the daily. M15 and below for entry/exit.

Follow the Trading Rules set out in the …

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Forex Currency Technical Analysis for EURUSD "I trade what I see because I am not smart enough to think" - By Sir Gissachance

Not entirely sure why this type of post used to upset the CEO, Admin, educators and sheeple in general at FXbackstreet. However, it was not aimed at those FX quacks, quack leaders, quack followers, FX dummies and so on, no, it was meant as fun and educational and to be shared with the good guys in life. I suspect things like humour, understanding, FX knowledge and…

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Forex Blog Market Analysis - Forexmospherians.com

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