Pomdy
Climax: Spike and trading range reversals
A climax is simply any market that has gone too far, too fast in the eyes of traders, and then reverses. A climactic reversal is a strong momentum move (a “spike”) with a series of big trend bars that often overshoot a trend channel line and then reverse. The word “spike” implies that there was a...
#freeebook #freebook #ebook #book #Pomdy
Editor: huonglinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...
Climax: Spike and trading range reversals
A climax is simply any market that has gone too far, too fast in the eyes of traders, and then reverses. A climactic reversal is a strong momentum move (a “spike”) with a series of big trend bars that often overshoot a trend channel line and then reverse. The word “spike” implies that there was a...
#freeebook #freebook #ebook #book #Pomdy
Editor: huonglinh
www.pomdy.com/book/reading-price-charts-bar-by-bar/chapte...