The last breath and the trend is broken

The last breath is a powerful trend reversal pattern

It is generally believed there are three stages of the evolution of trends: birth, development and exhaustion. Beginner traders are recommended to open trades in the direction of a trend during the second stage. However, it’s obvious that highest profits can be made when the third stage ends and the first stage begins. One needs to take risks, but as we know, nothing ventured, nothing gained. One of the patterns that help detect a trend exhaustion is the Last Breath. 

The pattern is the combination of 3-4 bars. If a bar…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>