


k45bryant
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0Joined Dec 14, 2019
chartpattern
trendanalysis
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When this occurs, it is not uncommon to see price approach the line, and "throw a spike" over the line. At other times price might approach but not quite reach the previous high or low. This tells you that the current price is already on the correct side. You will therefore expect the price to "bounce down” or “bounce up" as the case may be. This will most often...
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