GBPJPY: Head-And-Shoulders Top Points to 172.00, but Carney a Wildcard – Action Forex

GBPJPY: Head-And-Shoulders Top Points to 172.00, but Carney a WildcardAction ForexMore concerning for bulls, rates have carved out an apparent head-and-shoulders pattern over the past week. This classic technical pattern shows a shift from an uptrend (higher highs and higher lows) to a downtrend (lower highs and lower lows) and is …and more »…GBPJPY: Head-And-Shoulders Top Points to 172.00, but Carney a Wildcard – Action Forex

Emotion is not part of a forex trading technique, so do not let fear, greed, or hope dictate your trades. Follow your plan, not your feelings. Trading with your feelings constantly leads you astray and is not part of an effective forex trading technique for making a lot of cash.

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