Tag Archive | "V patterns"

High Probability Spikes

Monday, November 29, 2010

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high-probability-2

Trading spikes in any time frame can be a very high probability trade with low risk relative to reward if our unique set up is followed. Spikes fall under exhaust patterns and signal that the market is ready to reverse. Traditionally the spike or ”V pattern” as it is sometimes known will reverse very quickly [...]

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