Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. The bullish rejection candle communicates to the price action swing trader that higher prices are very likely to develop here. RECEIVE YOUR FREE FOREX TRAINING GUIDE NOW! The figure is a timely gauge of housing market conditions counting home sales when initial housing contracts are signed. Once you simplify the way you mark your levels, your technical analysis will become much clearer, less frustrating, and frader will start to learn how to anticipate future price movements from a plain price chart.

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