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USD/CAD A downward wave has now reached the line of the ascending red channel, which will likely return the price to the upward trend. This week, the price began trading within a price triangle formed by the ascending red and descending blue...
Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...
Money Flow Index (MFI) in Forex Trading Introduction The Money Flow Index (MFI) is a powerful and versatile momentum indicator used by forex traders to gauge the strength of money flow into and out of a currency pair. Combining both price and volume...