Fri, Sep 03, 2010 10:58AM IST
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TRADE LESSON: HOW TO TRADE THE BEST DOUBLE BOTTOM PATTERNS
One of the most common and best patterns is the double bottom pattern. This is simply when the market seems to retest a low and then bounces higher off the low level. It is important to watch for the double bottom low to pierce the prior low before reversing back higher. This is because market makers are looking to bait in momentum short traders
Read more at the source: http://inthemoneystocks.com/n_rant_and_rave_blog_sing
le.php?id=3433
Posted by InTheMoney Stocks | 9 months, 3 weeks ago
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