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Can Wedges Cause A Reversal?Top ↑  Jan 07 2021
The US dollar has seen a mixed reaction in the last 24 hours despite higher stocks which erased some of the losses after Trump's protestors take over the senate chamber. I still think upside can be limited and that these early year flows can be reversed. There are potential ending diagonals on a different markets that can limit the upside. But for now too soon to take any action on that picture; I want to see this week closing prices. In video below I looked at EURUSD, DAX, SP500, USDJPY and GOLD. Our 30% discount on yearly membership is still active, if you want to apply; plus you will receive a free EW educational videos. Trade well! GH Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without our permission.
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