The ideal will be when all three trends are in unison, but this is not a prerequisite, as intermediate trends can be substantial in both time and price.
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Remember that trading capital is your business; if it burns there is no insurance.
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Price level that concludes a short-term rally in an ongoing trend.
the truth about trading currency
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We shall talk about more probability’s later.
Over time we can recognize that this movement of price to and from the trend line forms a channel, which once identified can be traded.
The Market Has Three main Trends.