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High/low 1, 2, 3, and ..

A reliable sign that a pullback in a bull or in a trading range has ended is when the current bar’s high extends at least one tick above the high of the prior bar. This leads to a useful concept of counting the number of attempts that this occurs. In a sideways or downward move in a bull trend o...

 

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Editor: ngoclinh

 

www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...

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Uploaded on January 3, 2016