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Dargo

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Since 2010, he has been actively involved in the Forex market up to now. He is a supporter of Price Action and using as few indicators as possible. He believes that the simplicity of the system and consistency in its application is the best way to success in financial markets, and lack of patience is the most frequent cause of failure. Interested in classical systems based on Technical Analysis and in psychology - mechanisms that guide human behavior and conditioning decision making in trading.

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

GBPUSD – broken neck line of an iH&S – 02.07.2020

On the pair of the British pound with the American dollar (GBPUSD), popularly known as the "cable", the point of confluence of the two...

GBPJPY – confluence of support – 30.06.2020

I was analyzing the pair of GBPJPY at the beginning of this month, (June 8th), when an inside bar formation appeared at an important...

GBPUSD – cable under pressure, Head and Shoulders indicates further declines – 21.06.2020

GBPUSD - the cable after a series of violent falls in the first half of March this year and setting the all-time low at...

GBPJPY – two inside bars at important level – 08.06.2020

The GBPJPY pair has been moving in an upward trend for the last three weeks. On the daily chart, an Inside Bar formation is...

USDJPY – a breakout from consolidation and a chance for growth – 03.06.2020

Since the beginning of 2017 the USDJPY pair has been moving in a downward trend, which has taken the form of a 1100p high...

AUD/JPY – towards the support of the ascending wedge – 27.05.2020

The AUD/JPY pair has been moving in an upward, downward trend since early April. The quotations are in an easily recognizable formation - ascending wedge. Today,...

GBPUSD – break down from Inside Bar – 25.05.2020

It is beginning of the last week of May, a month that is definitely unfavourable for the British pound, during which a pair of...

EURUSD – two months in consolidation – 20.05.2020

EURUSD has been moving into a 220p consolidation range for nearly 2 months. Today the price has reached the upper limit of this consolidation which...

GBPUSD – continuation of declines, no deal Brexit possible… 18.05.2020

Quite often recently I've been analysing the British pound in relation to the American dollar, which is a pair of GBPUSD. This is due...

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