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Reversal patterns: Testing the Double top/bottom pattern

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by , 12-16-2018 at 10:51 AM (783 Views)
      
   
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The analysis conducted in the article "How long is the trend?", shows that the price remains in trend for 60% of the time. This means opening a position at the beginning of a trend yields the best results. The search for trend reversal points has generated a large number of reversal patterns. The Double top/bottom is one of the most well-known and frequently used ones.

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