Thursday, December 4, 2014

Crudeoil Positional Analysis 04.12.14 Update II

"1-2-3-4" - Reversal Pattern ( Price Action Trading )


1. TL is broken.
2. PA failed to make HH ( for Sell ) or LL ( for Buy ).
3. BO of 2 ( confirmation that the trend is changed ).



Learned from here : http://lordicescurrencytrading.blogspot.in/2012/04/1-2-3-4-reversal-pattern-formation.html