UNDERSTANDING IMPULSES & CORRECTIONS
Updated
Impulse moves are followed by corrective moves at all times. Corrective moves are points where the assets take a break from rallying just because the traders are taking profits or joining in expectation of changes in directions.
Corrections can be either reversal or continuation. The following is an expanding triangle as a continuation pattern.
Good luck!
Corrections can be either reversal or continuation. The following is an expanding triangle as a continuation pattern.
Good luck!
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Trade closed: target reached
Portfolio Manager
Dyer & Blair investment Bank, Kenya.
Follow below handles for investment insights
Twitter: twitter.com/thesharkke
Free in-depth stock markets analysis Telegram channel: t.me/stocksfromtechnicaleye
Dyer & Blair investment Bank, Kenya.
Follow below handles for investment insights
Twitter: twitter.com/thesharkke
Free in-depth stock markets analysis Telegram channel: t.me/stocksfromtechnicaleye
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