![]() ![]() It is normally a sign buyers are running out of gas. Point D is generally derived from the first red candle in the 5-minute chart after an uptrend commences. It’s one of the great cat and mouse - or bull and bear - games of all time. When enough traders have the same thesis and make the same move in a short period of time, the pattern plays out. My goal is for you to learn to take losses the right way. You WILL take losses as a trader - it’s part of the game.
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