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Big up, big down

When the market has a big up move and then a big down move that re-traces about the entire up move, it is likely forming a trading range, but it may be the beginning of a new trend. The key is whether or not there is a reversal pattern at the end of the second move. If there is, there should be ...

 

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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