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Обсуждение Rising Wedge and forex signals

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Тема в разделе "Экономические новости", создана пользователем free forex, 4/6/19.

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    Rising Wedge and forex signals

    It is a rainy day. In particular, there is no doubt that there is a definite slope and no bearish bias.


    While it’s a reversal pattern, it’s possible to follow the pattern. It is a slope of the downtrend. As a reversal pattern, it’s a trend. Regardless of the type (reversal or continuation), rising wedges are bearish.


    Prior Trend: In order to qualify as a reversal pattern, there is a trend to reverse. The 3-month period can be used for a period of 3-6 months. Sometimes the current trend is waged; ankle time.


    Upper Resistance Line: Ideal Three. Each reaction should not be higher than the previous high.


    Lower Support Line: lower support line. Each reaction low should be higher than the previous low.


    Contraction: The line resistance and the line of convergence as the pattern matures. The advances from the reaction lows (lower support line) become shorter and shorter, which makes the rallies unconvincing. This is a line of support for the line.


    Support Break: This is not a pattern to support. It is sometimes necessary to make a break. Once support is broken, there is a reaction to the newfound resistance level.


    Volume: Ideally, volume and the wedge evolves. An update on the support line.


    The most difficult pattern can be recognized. Upside down momentum at each successive moment. However, it is inherently bullish. The final break of support is not reached. There are no other aspects of technical analysis.



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