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Stock Market Logic Series #2

1 067
How to know when a correction is a real correction and a fake reversal?

Paying attention to this will give you confidence in going SHORT.

Schema is self explanatory.
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You can increase the probability of this pattern if you look at the bigger logical picture.

If according to the bigger logical picture, you see that it is logical that the price is overextended and people are likely to get easy profits, this increases the case of a selling volume. Or if the logical bigger picture is a downtrend.
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This is an EXTREMELY IMPORTANT idea !
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