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Day trading is a serious challenge even for people with experience in financial markets. As a day trader, you must know algorithms and indicators, read charts to understand the market, and predict price movements. Learn everything about the beginners' day trading mistakes that are better to avoid.
Today we will talk about quite an unusual pattern called the Rounding bottom. You do not have to be a professional trader to recognize it. This article will also tell you about Rounding top formation so you will have theoretical knowledge that helps to make a profit in such a tough market.
Today we will talk about a universal pattern that gives signals in both directions depending on a trend. Trend trading is a good way for beginners to learn the trade, but you should remember that nothing lasts forever. A trend can quickly reverse into a countertrend and drag your trade into the red, while the big players will record their super profits. It’s important for you to learn how to draw resistance or support lines for the Three Indians pattern and find the entry point correctly. Keep on reading.
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