meszaros

BPMX update .....

Long
AMEX:BPMX   None
Linked to the previous analysis, the likelihood of a strong upward movement in the exchange rate increases further. A technical explanation for this may be the ATR angles created from the PSAR indicator markings. It is clear that while the exchange rate is not rising, the angle of the underlying ATR axis is nearly 8x steeper. This means that the force behind the rise in the exchange rate increases rapidly. This is called the "pinball effect" The point of this is that the rise in the ATR behind the exchange rate when it reaches a critical value will "kick the exchange rate north". Its structure may be pulse rise. Activating many stop positions can further increase short sqeeze.

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