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Here are the things to look for: Occurs after the price breaks out of Resistance in an Accumulation stage. 4. Therefore, traders use reversal chart patterns to identify the end of a trend and the beginning of a new opposite trend. For upward breakouts, take the height from the highest peak in the pattern to the lowest trough in the pattern and add that amount to the breakout price for a price target. Now, this isn’t the Holy Grail. A winning trading system must either be designed to have a large winning percentage, or big wins and small losses. 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In this book, we want to deliver you the strong message on how beneficial the Price Action and Pattern Trading is in comparison to the technical indicators used last few decades. People who trade or study these things use these shapes to make smart decisions about buying and selling. Before reading this book, we recommend to read "Profitable Patterns in Forex and Stock Market" and "Guide to Precision Harmonic Pattern Trading" to get some prior knowledge in Price Action and Pattern Trading. Before reading this book, we recommend to read "Profitable Patterns in Forex and Stock Market" and "Guide to Precision Harmonic Pattern Trading" to get some prior knowledge in Price Action and Pattern Trading. Bob Volman discusses intraday trading tactics, applicable to all markets. Basics of market. 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