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	<title>Singapore Forex Blog, Forex Trading Course - TerraSeeds Forex Tflow® Strategy Blog &#187; pennant</title>
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	<description>Currency Analysis, Forex Trading Strategy with Elliott Wave, Fibonacci &#38; Price Action</description>
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		<title>Gold: Testing resistance</title>
		<link>http://daytradeforex.terraseeds.com/2011/10/gold-testing-resistance/</link>
		<comments>http://daytradeforex.terraseeds.com/2011/10/gold-testing-resistance/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 07:58:13 +0000</pubDate>
		<dc:creator>Helmy Hamzar</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[Support and Resistance]]></category>
		<category><![CDATA[trend continuation]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=10361</guid>
		<description><![CDATA[For the week of 10-14 Oct, Gold didn’t move much compared to the previous week. The range for the week is 1638-1681 and it closed the week at 1679. The closing price is just near the previous 2 weeks high (1677 &#38; 1678). Week over week, gold [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Gold pauses before next move</title>
		<link>http://daytradeforex.terraseeds.com/2011/05/gold-pauses-before-next-move/</link>
		<comments>http://daytradeforex.terraseeds.com/2011/05/gold-pauses-before-next-move/#comments</comments>
		<pubDate>Sun, 15 May 2011 13:48:04 +0000</pubDate>
		<dc:creator>Helmy Hamzar</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[Bears]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[continuation]]></category>
		<category><![CDATA[Fibonacci-Retracement]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[Retracement]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=8176</guid>
		<description><![CDATA[Following the sell off on 1st week of May, Gold made a retracement of the down move last week (2nd week of May). The retracement, at the end of week, is forming a “pennant” like chart pattern. This pattern, once confirmed, is considered as continuation pattern of [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>$USDJPY near 8 week high; could continue above 83</title>
		<link>http://daytradeforex.terraseeds.com/2011/02/usdjpy-near-8-week-high-could-continue-above-83/</link>
		<comments>http://daytradeforex.terraseeds.com/2011/02/usdjpy-near-8-week-high-could-continue-above-83/#comments</comments>
		<pubDate>Tue, 15 Feb 2011 04:27:46 +0000</pubDate>
		<dc:creator>Soh Tiong Hum</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[continuation]]></category>
		<category><![CDATA[flag]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[resistance]]></category>
		<category><![CDATA[symmetrical triangle]]></category>
		<category><![CDATA[USDJPY]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=6558</guid>
		<description><![CDATA[$USDJPY remains at the resistance of a symmetrical triangle visible on the daily chart (see Sela&#8217;s posting on 14 February 2011). This level is also near to an 8-week high. If price stays above 83, there is a possibility for a flag-like continuation pattern.]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Dow more likely negative than positive; also charts on EURJPY, GBPUSD and USDJPY</title>
		<link>http://daytradeforex.terraseeds.com/2010/08/dow-index-negative/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/08/dow-index-negative/#comments</comments>
		<pubDate>Fri, 20 Aug 2010 08:06:44 +0000</pubDate>
		<dc:creator>Soh Tiong Hum</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[continuation]]></category>
		<category><![CDATA[DJI]]></category>
		<category><![CDATA[DJIA]]></category>
		<category><![CDATA[Dow Jones Industrial Average]]></category>
		<category><![CDATA[EURJPY]]></category>
		<category><![CDATA[GBPUSD]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[reversal pattern]]></category>
		<category><![CDATA[USDJPY]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=3675</guid>
		<description><![CDATA[The Dow appears to be more &#8216;resisted&#8217; than supported. A bullish situations hangs on the a few potential &#8216;ideas&#8217; for support as well as the 200-day ema. GBPUSD prints likely continuation for short. This is despite it near to more resistance of March 2010 and mid-July 2010. [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>EURUSD day chart sign of bear flag</title>
		<link>http://daytradeforex.terraseeds.com/2010/03/eurusd-day-chart-sign-of-bear-flag/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/03/eurusd-day-chart-sign-of-bear-flag/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 12:24:09 +0000</pubDate>
		<dc:creator>Soh Tiong Hum</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[EURUSD]]></category>
		<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[pennant]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=1319</guid>
		<description><![CDATA[In my earlier post, we discussed higher bases for Euro on a week to week basis. A look at the current daily and 4-hour chart suggests that risk for a downward move has appeared. Daily momentum suggests that a bearish pennant is likely. Despite the higer bases, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bears Attempt To Short Loonie to Yearly Low</title>
		<link>http://daytradeforex.terraseeds.com/2010/03/bears-attempt-to-short-loonie-to-yearly-low/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/03/bears-attempt-to-short-loonie-to-yearly-low/#comments</comments>
		<pubDate>Fri, 05 Mar 2010 08:15:02 +0000</pubDate>
		<dc:creator>David Yew</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[continuation]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[symmetrical triangle]]></category>
		<category><![CDATA[USDCAD]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=1158</guid>
		<description><![CDATA[The Loonie (USDCAD) is on a downtrend since 2009 and it does not seems to have any attempt to reverse this trend as of now. As from the Weekly Chart above, the Loonie is making its way near to 2009 support and it is also near to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Potential USDJPY pennant in upward channel</title>
		<link>http://daytradeforex.terraseeds.com/2010/02/potential-usdjpy-pennant-in-upward-channel/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/02/potential-usdjpy-pennant-in-upward-channel/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 06:37:40 +0000</pubDate>
		<dc:creator>Soh Tiong Hum</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[equidistant channel]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[USDJPY]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=1009</guid>
		<description><![CDATA[Pattern requires break of short blue trendline to confirm.]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Breakout Knocking at GBPJPY?</title>
		<link>http://daytradeforex.terraseeds.com/2010/01/breakout-knocking-at-gbpjpy/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/01/breakout-knocking-at-gbpjpy/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 10:17:39 +0000</pubDate>
		<dc:creator>David Yew</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[breakout]]></category>
		<category><![CDATA[chart patterns]]></category>
		<category><![CDATA[GBPJPY]]></category>
		<category><![CDATA[head and shoulders]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[symmetrical triangle]]></category>
		<category><![CDATA[wedge]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=939</guid>
		<description><![CDATA[Today, we shall excite ourselves by looking at one of the most volatile currency pairs, GBP/JPY, which has a daily average fluctuation of about 300 pips. In addition, we shall see how 3 chart patterns that is very evident on GBP/JPY for trend reversal and trend continuation [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pennant in CADJPY</title>
		<link>http://daytradeforex.terraseeds.com/2010/01/pennant-in-cadjpy/</link>
		<comments>http://daytradeforex.terraseeds.com/2010/01/pennant-in-cadjpy/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 08:16:45 +0000</pubDate>
		<dc:creator>Soh Tiong Hum</dc:creator>
				<category><![CDATA[Technical Studies]]></category>
		<category><![CDATA[CADJPY]]></category>
		<category><![CDATA[continuation]]></category>
		<category><![CDATA[equidistant channel]]></category>
		<category><![CDATA[pennant]]></category>
		<category><![CDATA[resistance]]></category>

		<guid isPermaLink="false">http://daytradeforex.terraseeds.com/?p=849</guid>
		<description><![CDATA[The CADJPY displays a formation that looks remarkably like a pennant. This is because of the &#8216;flagpole&#8217; which tells us the strong upward momentum in its previous rally. This flagpole and subsequent side-way movements suggests a continuation action after profit-takers have been cleared and strong bulls take [...]]]></description>
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		<slash:comments>1</slash:comments>
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