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Reversal pattern
Hey mates,
Just wanted to point you to a reversal pattern that works 80% + of the time.
I have used the sliding channels indie, and have highlighted the important trendline in red, as you see they form a triangle. There are a couple of other patterns--trend continuation, that work well too. I will post them as I see one. Please find the indicators used on the chart below. For chandeliers stops I use lenght 9. It works far better than price channel stop IMO, price channel stop too noisy IMO.
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