Detecting Market Reversals With The Fibonacci Timing Pattern
<p>Timing is important in trading but it is not crucial. However, being able to have a timing tool that gives you that extra confidence boost to take the trade is never a bad thing. There are a lot of things to understand with timing patterns and probably the most important are their weaknesses which will eventually allow you to use them efficiently. What is a timing pattern anyway?</p>
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<h1>What is a Pattern?</h1>
<p><em>Patterns </em>refer to recurring or repetitive designs, structures, or behaviors that can be observed in various contexts. These can take many forms, including geometric shapes, mathematical formulas, social behaviors, and natural phenomena. They can also come in a financial concept where they are called market patterns.</p>
<p><em>Market patterns</em> refer to the recurring movements or trends in the financial markets. These patterns can take various forms, including price trends, trading volumes, and investor sentiment. Some common market patterns include:</p>
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