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Spinning Top Candlestick Pattern
Whatever spinning top strategy you employ, a key rule to follow is to always wait at least one session before opening your position. Remember, a spinning top only ever tells you that bulls and bears are cancelling each other out – which side is going to win out remains to be seen. On the other…
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What is the difference between Yuan and Renminbi?
In terms of size and dynamism, the economy https://www.forex-world.net/ of the People’s Republic of China (PRC) stands out among the emerging markets. It has already become the world’s second-largest economy and is now one of the largest contributors to global growth. If the PRC continues on its present growth track, it may soon takeover from…
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Trading Trend Continuation vs Reversal Chart Patterns Medium
First, a bullish impulsive wave will form with the strong momentum of buyers. After pole formation, the price will start retracing downward to Fibonacci 50 or 60 level. The retracement will form like a downward price channel with an upper and lower boundary. Then after a break of this channel, the price will continue the…
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Debit Memo Definition: What is a Debit Memorandum?
A particular kind of notice that a customer would get if their account balance dropped gets called a debit memorandum. In order for the client to correct the situation, the notice gets delivered. Also known as a debit memo or a debit note, debit memorandums are commonly used in financial transactions. For example, let’s say…