Tuesday, August 23, 2011

high wave chart bullish


definition:

High wave is a kind of beacon was characterized by a long top or bottom shadow. It is only a short real body. A group of these models can signal a market order.

Important factors:

High Wave is particularly important in the tops.

High Wave is also a beacon scheme. So confirmation is definitely required in the form of opposing the move to the next trading day trading in order to judge that things may be starting.

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