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Price Action Swing Trading - The PAST Strategy
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[QUOTE="Nigel Price, post: 48251, member: 25485"] Below is how I would analyse the 4 hour chart in terms of trendlines for the coming week. We have acknowledged that the bears are stronger than we would like, but they still haven't managed to negate the reversal signal. If price continues to move on up we should stand aside and allow it to do its thing. We will conserve our capital until price is moving in the direction that we want it to. Should price weaken and fall, and in doing so breaks/retests our trendlines, we should be entering short with the anticipation that price could continue to fall on the weekly chart. Hopefully this review has been of some use to the readers of the thread! Enjoy the rest of the weekend! :D Nigel [/QUOTE]
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