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Forex
Tops and bottoms are soft identifiable in forex
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[QUOTE="HOLA, post: 308087, member: 97887"] traders may also use candlestick patterns to identify potential tops and bottoms in the forex market. For example, a "hammer" candlestick pattern that forms after a downtrend may indicate a potential bottom, as it shows that buyers have entered the market and pushed prices higher. Conversely, a "shooting star" candlestick pattern that forms after an uptrend may indicate a potential top, as it shows that sellers have entered the market and pushed prices lower. It is important to combine multiple technical analysis tools and indicators to confirm potential tops and bottoms in the forex market. Traders should also pay attention to fundamental factors such as economic data releases and geopolitical events, as they can also influence currency prices and potentially invalidate technical analysis signals. [/QUOTE]
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Tops and bottoms are soft identifiable in forex
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