It occurs when there is a support line & a slope of lower highs (LH). It happens when there is certain level a seller cannot seem to exceed. They are pushing the price down as evident by the lower highs (LH).
Summary
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators
Summary
- Consists of Lower Highs (LH) & support line.
- Usually mean that the price will break the support line & go lower but you should place entry orders on both sides just in case support line is too strong.
- Place your entry orders above the Lower Highs (LH) & below the support line.
forex
accurate forex signals
reversal patterns
candlestick
currency trading
exchange rates
buy stocks online
trend
stochastics
oscillators
0 comments:
Post a Comment