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Day: December 24, 2017
December 242017
GBP/USD in Month-Long Symmetrical Triangle on H4
The 4-hour timeframe chart of the GBP/USD currency pair is currently showing a long-term consolidation that took a form of a symmetrical triangle pattern. As the formation follows the ascending trend, an upside breakout from the triangle will offer a valid buy trading signal for the pound. If you look at the chart below, the yellow lines mark the triangle itself. The cyan line is where my own entry point will be in case of a breakout. The line is […]
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December 242017
Forex Brokers Update â December 24th, 2017
No new companies have been listed this week. Just a few updates have been made to the listed brokers: LiteForex lowered commission for trading on ECN accounts. Binary.com raised the margin call level from 50% to 150% and the stop-out level from 20% to 75%. Swissquote entered the cryptocurrencies club with a rather diverse range of pairs: BTC/USD, LTC/USD, ETH/USD, XRP/USD, and BCH/USD. ActivTrades has done the same but with […]
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