Identifying Double Donchian Breakout patterns is easy when complete technical analysis is carried out. Find 2 2 higher highs lower lows. Next, draw a line through them. Join in at least 2 falls to a lower line, and 2 higher highs with another line, and have a nice chart pattern. You have just identified commercial opportunities most models traded in forex trading. At least four "rejected" should be observed before this Double Donchian Breakout formation can be considered a reliable pattern to trade with.
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Tuesday, August 23, 2011
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