December 24, 2014
If the PA after a few attempt to move north but no success, likely the PA will travel south. In order the PA can travel higher, it has to move down first.
Picture worth a thousand words. What you can see from the chart?
December 12, 2014 we see the PA was resisted. Thereafter the PA fall.
Thanks for visiting the site.
Moses
DISCLAIMER
Trading is Not a get rich quick game. It is risky.
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice.
It has prepared without regard to any particular investment objectives, financial situation or needs.
Information should not be considered as an offer or enticement to buy, sell or trade.
Trading is risky. Trading is personal. Everything is relative, there is no right or wrong.
You should seek advice from your broker, or licensed investment adviser, before taking any action.
The website does not guarantee any results or investment return based on the information and instruction you have read here and assume.
It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own decision.
Also, any external links provide here are for easy reference. The opinions expressed by any of these links reference here are those of the authors and its site and do not necessarily reflect the positions of AmiBrokerAcademy.com.