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@meldonium
Looking at this chart, we can see that the reversal model does not necessarily foreshadow a change of trend to the opposite. The reversal model only signals the completion of the previous trend. In this case, after the appearance of the Hanging man, the upward trend was replaced by a lateral movement, but did not turn into a decrease. And after the appearance of another Hanging man, the character of the market changed dramatically from bullish to bearish.
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@evlo8
1000 $DEGEN
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