Patterns inside patterns

Peculiarities of a popular pattern

Beginner traders’ desire to get in the boat with market professionals is understandable: big players do what they like with various assets’ quotes according to their investment tactics. Going against the stream may result in deposit losses. If a currency rate chart shows growing highs and lows, it’s bulls that dominate. If highs and lows are falling, the predominant force is bearish. Also, extremums may sometimes start jumping: the market is forming both new peaks and new troughs. Traders must know how to use such situations to their advantage. 

The above mentioned pattern was first…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>