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Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
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CAD/CHF
Trend is buy
£ Resistance 0.7748
£ Resistance 0.7625
£ Resistance 0.7558
£ Supporting 0.7496
£ Supporting 0.7435
£ Supporting 0.7398
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CADCHF
Today Market Trend Is Bearish
Pivot Point 0.7476
1# Supporting 0.7467
2# Supporting 0.7451
3# Supporting 0.7435
1# Resistance 0.7493
2# Resistance 0.7505
3# Resistance 0.7521
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Indicators bhi market ke down hony ka bata rahe hain
Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye
traf movement kar sakte he so main suggest kronga hamen sell ki trade lga dene chaheye
i hope is trade se ham profit earn kar len
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es chart me ham dek skte hai ki esko es leve par strong support hai...agar ye esko paar krta hai to ye 79.90 ke aas pass se up jaa skta hai...When we see history price keep on falling slowly i think we don't see price in future in 85 level.
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CADCHF
Today Market Trend Is Bearish
Pivot Point 0.7476
A Supporting 0.7465
B Supporting 0.7453
C Supporting 0.7437
A Resistance 0.7491
B Resistance 0.7507
C Resistance 0.7523
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Cad/Chf trends to bullish
1 Resistance 0.7737
2 Resistance 0.7613
3 Resistance 0.7545
1 Supporting 0.7493
2 Supporting 0.7425
3 Supporting 0.7381
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CADCHF Trend is buy
1 Resistance :0.7736
2 Resistance :0.7617
3 Resistance :0.7549
1 Supporting :0.7493
2 Supporting :0.7429
3 Supporting :0.7389
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it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
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halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down price support 1 level par bhi ja sakta haiexchange rate will most likely continue to appreciate in the channel pattern. The potential target for bullish traders would be at a resistance cluster formed by the monthly R1 and the weekly R2 near the 1.7362 area.kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the , halaki price abhi ek resistance level pe hai
