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TA discussion, page-1207

  1. 806 Posts.
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    Hi Armch

    Enjoy your work. Not sure what you might make of the following:
    Aussie bulls posted a short recommendation today
    Our system’s recommendation today is to SHORT. The BEARISH THREE BLACK CROWS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.9300, and our valid average selling price stands now at 0.9250.

    This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks decrementing downwards. The opening of each day is slightly higher than previous close and prices progressively close at lower levels. This staircase like behavior signals the reversal of the trend.

    I am a novice but put this up in the interests of sharing info.

    DD
 
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