4 stages of market cycles!!
AUDUSD, bullish next two years!?!?!
Every one of the Forex pairs has daily, weekly and yearly cycles...
You should know what stage of a market cycle your pair trading is in, so you can trade with moneymakers (Big Banks & Hedge Funds).
4 Stages Of Market Cycle are:
1) Accumulation (Support)
2) Markup ( Bullish Trading)
3) Distribution (Resistance)
4) Markdown (Liquidation/Bearish Trading)
(*Then cycle starts again)
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