How to pick tops and bottoms on forex market using technical analysis

In summary, forex technical analysis involves examining currency prices over a period

of time to try and identify forex trends and their potential reversals by detecting tops and bottoms. For example, if the value of a particular currency has been steadily increasing over a period of several weeks, then it is likely that the trend will continue in the future, at least for the short term. If you can correctly identify a trend, and trade in the same direction you are likely to make profitable trades. Also, the earlier you can identify a trends reversal, the more chance you have of making larger profits.

How to pick tops and bottoms on forex market using technical analysis

By: forex-money-signal

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