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Identify patterns and trends and respond to price. Thus, ensure you know your trading edge. The trouble is that there are some bad brokers out there in the world, and likely there are more bad.
This is the KEY TO SUCCESS when it comes to forex.
This means that the pattern leads to a rise in price, so traders need.
Confusing I know, but that's where practice and experience come in! This chart structure is the reverse of the ascending broadening wedge and looks like a megaphone with a downwards tilt. Brokers who frequently do this are also known as "stop loss hunters".