Lesson 3: Trend Confirmation and the "Sweet Spot" (16 Pages)


Lesson 3: Trend Confirmation and the "Sweet Spot" (16 Pages)

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Now that we have learned how to identify Trends, we can locate an exact price where an uptrend officially morphs into a downtrend (and vice versa) which gives you a precise spot to enter the market in the direction of the new trend that might be forming, allowing you to participate in a "Large Target" Trade – ideal for swing and position traders, but just as effective on smaller timeframes. We apply the basic concepts into an actionable, objective trade entry which instantly gives you the exact location to place your stops as well.

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