Coiling? I haven't heard you talk about this phenomenon in the videos I have watched so far. What exactly does this entail? Thanks for the review.
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Coiling? I haven't heard you talk about this phenomenon in the videos I have watched so far. What exactly does this entail? Thanks for the review.
It's a metaphore for the triangle correction, which usually acts as a continuation correction. Similar to a flag, but since support and resistence converge, reminds of a coil as prices compress.