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| A and V pattern the most repeated pattern in the markets https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=297 |
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| Author: | a4v4c4 [ Fri Jan 27, 2012 8:32 pm ] |
| Post subject: | Re: A and V pattern the most repeated pattern in the markets |
ok my friend    it gust i want this to work because this pattern is so so repeated in any where so we will keep thinking Until we find the way  |
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| Author: | a4v4c4 [ Mon Feb 13, 2012 2:17 pm ] |
| Post subject: | Re: A and V pattern the most repeated pattern in the markets |
"V-Top" and "V-Bottom" are extreme patterns that are easy to spot in a chart. "V-top" patterns (Inverted V) ascending market action and angle of ascent is very sharp with increased volume. Once a top is made, a sharp price reversal occurs and the descending angle usually will mirror the ascending angle. There will be clear signs at the top (A Dark Cloud or Island Top pattern) before a reversal can occur. Most of the time, prices will retrace all the way down to the start of the rally to make it a true (inverted V) "V-top" formation. Although the pattern is easy to spot, trading opportunities are challenging due to its steep ascent and the fear associated with it. A trend line is drawn connecting the swing lows in a VTop pattern. A breakdown below this trend line offers a potential opportunity to short. Trade: Connect "swing lows" in the ascent of "V-top" pattern. A close below the trend line signals a breakdown. Enter a "short" trade below the low of the breakdown bar. Target: After price reversal, "V-top" patterns tend to travel in the similar angle as the ascent angle. A target is set at the "swing low" of the pattern before the rally. Stop: Place a "stop" order above the close of the trend line. A longer-term stop would be  |
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| Author: | a4v4c4 [ Mon Feb 13, 2012 2:50 pm ] |
| Post subject: | Re: Trade Chart Patterns Like The Pros |
a great book page 221 link http://www.mediafire.com/download.php?m6wf8yvs2dvxhds |
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| Author: | danielv [ Tue May 28, 2013 5:17 pm ] |
| Post subject: | Re: A and V pattern the most repeated pattern in the markets |
wow man, this has a big potential ! I'm into this strategy |
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