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Financial markets mobilise economies of the world in different forms and leverage opportunities.

A trader should have a good understanding of top forex indicators and how to use them in their favour. These can be, many times, confusing & daunting for the investors to use the trading tools. The most common mistake that traders make while using technical indicators are using more than three tools on the price chart, thus, overloading and making it hard for people to make choices. Second, many beginners rely solely on technical analysers and forget that these tools only show a picture of the market and do not predict the future. Third and the last, do not blame the indicators when a trade does not make a profit or work out in your favour. No matter how useful the tool is, one still needs to face losses.

The article is for people planning to have cryptocurrencies in their investment bucket this year. There are about 4000+ digital currencies now in the market with only the top 100 of them working effectively. Undoubtedly, Bitcoin is leading the charts, but the other positions keep changing. Moreover, cryptocurrencies have an unsaid advantage over other market types in the form of volatility and future scope. Some other features include decentralised nature, fast and inexpensive transaction, and limited supply.

Price action is used to describe the movements in the price of a security. The way to appropriate and analyse this movement is to look for changes in price in recent history.