Chart patterns
It allways surprises me to see that the same chart patterns come back over and over again. In a daily chart of the german DAX index you can see a head shoulder pattern forming during march and april.
You can also recognise the importance of a (50 EMA) moving average as a support level during longer trends. An overview of some chart patterns can be read in this excellent article
You can also recognise the importance of a (50 EMA) moving average as a support level during longer trends. An overview of some chart patterns can be read in this excellent article
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