A double bottom with a slightly higher low Ior the second point can be a strong bullish signal. This combination oI points can be connected to Iorm a right angle triangle. Sell when price breaks out and down.
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Unlike brokers, market makers trade their capital Broker - An individual who matches buy and sell orders in return Ior a commission. Support Lines act like a Iloor and are price areas where a currency pair Iinds it diIIicult to penetrate below the Support Line. For example, we deIine the Iollowing patterns as the same. Currencies are"d using Iive signiIicant numbers, with the last placeholder called a point or a pip For example a EUR/USD".1345/1.1350 Like all Iinancial products, Iorex"s include a "bid" and "ask" or a 'sell and a 'buy price. Symmetrical Triangle in an Up Trend 38 Copyright 2003 Forex Systems Research Company All rights reserved worldwide Symmetrical Triangle in a downtrend -bearish Place a sell order on a breakout below the triangle. A well known saying is 'buy dips in a rally. Popular Queries: https yandex ru/clck/jsredir?
Person - Swing Trading. The slope oI both lines is down with the upper line being steeper than the lower one.