The high in the move up from Point 2 but a failure to make a new higher high Point 1. A reversal chart pattern is build up of 4 definable points, known as point 1, 2 , 3 and 4. Forex Day Trading Signals Indicator. The low in a down trending currency market. Go short 1 pip below point 2 Basic Rules for Long Trades The reverse is true when applying these basic rules for long trades but now:
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