20051011 Big candlestick down indicates selling. Comes into area of support, but the moving average did not hold, needs to get above the mov avg to be out of downside danger.
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Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20051011 Big candlestick down indicates selling. Comes into area of support, but the moving average did not hold, needs to get above the mov avg to be out of downside danger.
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