Chart Patterns
When the Market Is Changing Its Mind
Michael N. Kahn, CMT
If some chart patterns are merely a rest stop for the market, others are turning points. If you already own a position in the market and one of these patterns forms, it is probably time to consider selling. Remember, this is the time to prepare, not to execute. Chart patterns must be allowed to break before you act. True, you will not buy the low or sell the high, but those points in the market are for the professional who is very closely tied to the action.
Here you will learn to recognize patterns that usually form at ...
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