Friday 30 October 2015

Introduction: Learn the Art of Swing Trading #4

Tip #4. Narrow range candles lead to explosive moves

Narrow range candles can also tell you that a reversal is imminent. This low volatility environment can lead to explosive moves.
stock chart
Narrow range candles tell you that the previous momentum has slowed down. Buyers and sellers are in equilibrium but eventually one of them will take control of the stock!

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