Traders know not to ‘go long’ when this classic trading pattern shows up

Dato · 09-06-2021, 06:04 AM

Traders know not to ‘go long’ when this classic trading pattern shows up

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZTFlNmIyZTMtNmE0ZS00YWY1LWIwZDItZmMxN2E5N2I5ZTdiLmpwZw==.jpg"></p><p>Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. </p>

https://cointelegraph.com/news/traders-k...ows-upKind Regards R

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