Downside Break Out is a bearish pattern signal. It presents two horizontal lines with the same low and high. This pattern occurs when price breaks out through the bottom of a trading range and create as a new downtrend shape. Traders can use this pattern in the different time frame. The longer time frame we use, the range we get.
Monday, July 7, 2008
Downside Break Out
Labels: Bearish, Technical Analysis
Posted by violet at 11:03 AM
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