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RE: ...

in #steemit7 years ago

Haha, nice patterns! The ready-to-bust pattern actually looks like an ascending triangle that is considered majorly bullish, unfortunately the case is - the more people watch them, the higher the chance for a fake move. And in the recent years in forex, this pattern has a habit of breaking out and fizzling out immediately, taking all the poor people, who dont understand that tech analysis is a tool that helps you define entries and exits and limit risk, with it.