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U.S. DOLLAR / GHANAIAN CEDI

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USDGHS trade ideas

USDGHS UPTREND CONTINUATION ? 24.05.2024- Weekly ascending-triangle chart pattern spotted for USDGHS. - Signifies potential for continued exchange rate growth if resistance breakout upward remains intact. - Suggests potential for exchange rate decline if resistance breakout upward falters and uptrend reverses. - Advises the implementation of risk management strategies. _________________________________________________________________________________ Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
by Stuart_Cowell
Look like you will earn a good profithello everyone i think the best way to earn a good profit from trading is to wait for a good position this one is very clear i think would you get this position or not? The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
Long
by expay24
USDGHS : ALWAYS IN LONG ALWAYS IN LONG Ghana Cedis Gave Credence to our analysis as usual. 1. Market deep kissed 4.0 as predicted elsewhere 2. Certainly, this is an always in long market. Tis a bulls market, but technically, it will turn out to be a bull market in corrective phase 2. Three scenarios are likely and have been pointed out in green arrows 3. Now, haven hit a key psychological price zone, smart money is likely to take profit at this stage. And this will be evidenced in some pullback sort of, prior to further up moves FUMDAMENTALLY...... We do not envisage any meaningful performance by the Ghana cedis any time soon, as the economy gives the currency away. Interested Investors in this market want to be bullish long term. Short term intra-day basis, the pair will offer short chops, but these would not last. And so, sellers would want to be more careful.
by moorekapital
1