Technical analysis - Morning and Evening Star | Tradimo

The goal of this technical analysis course is to attempt to predict the future movements of an asset based on its historic price behavior.

It is based on the principle that prices, at all times, reflect all the relevant information needed to make sound trading decisions. Therefore, technical analysts, more often than not, refrain completely from using fundamental or economic data of any sort. Price patterns, they argue, are first, reliable indicators of future prices, and secondly, universal: they repeat themselves in all markets and all time frames over again.

The morning star is a reversal pattern to the upside that can be found at the end of a downtrend.

The evening star is the bearish counterpart of the morning star pattern. The evening star is a reversal pattern and appears after an uptrend.

Link to course: https://learn.tradimo.com/technical-analysis/triple-candlestick-patterns-morning-and-evening-star

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Видео Technical analysis - Morning and Evening Star | Tradimo канала Tradimo - Your money learning platform