Hector Deville's Best Advanced MT4 Indicator
-
Original Price
*$297*
*Discount Price*
*$47*
Instant download, no limit, no expiry, forever usage
*Price is 47$ for 3 Indicators. Instant download, no limi...
Fallling Three Methods
The Psychology
In a downtrend, a long black day is followed by a brief bounce (preferably on lightish volume). The fifth day simply continues the trend. The brief bounce is nothing more than a few days off for the bears.
Identification
A long black day in a downtrend is followed by three relatively small candles that move opposite the overall trend but stay within the range of the first day. The fifth day is a long black day that closes below the close of the first day and continues the downtrend.
Pattern: continuation
Reliability: high
0 comments: