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The engulfing candlestick is another excellent way to determine if support or resistance is intact. These patterns indicate strength or weakness at swing lows or swing highs respectively.

The relative strength of the currency is a technical indicator used in the technical analysis of the forex market. Its objective is to chart the current and historical strength or weakness of a currency based on the closing prices of a recent trading period.

the spread is a measure of liquidity, a lower spread means greater liquidity It is a simple statistical measure that helps us to know the degree of liquidity of the financial space on which it is calculated, and the lower the margin

Decide how you want to trade forex. How the forex market works. Open a forex account. Develop a trading plan. Choose your forex trading platform. Open, monitor and close your first position.