Three Indians pattern: disassembling the 3-touch strategy
The idea that "trend is your friend, trade with the trend" is good, but excessive confidence never did anyone any good. Trends tend to unfold very quickly against the backdrop of a gradual profit-taking by large players. You can, of course, bet on euphoria, depletion of the life cycle of the trend, but without signals from the technical analysis identifying such situations can be extremely challenging. A group of counter-trend trade patterns, including the 1-2-3 pattern we have discussed in detains, can provide us with such signals. Today we will talk about another very popular graphic configuration - Three Little Indians.
Three Indians Pattern:... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1FKS
