downtrends in A Sentence

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    However, you have to be aware that Symmetrical Triangles also work as reversal patterns on uptrends and Downtrends.

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    The Butterfly pattern has four price swings, and its appearance on the chart resembles the letter“M”(in in Downtrends) and“W”(in uptrends).

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    Combinations of these forces are always in play in world markets, establishing long-term themes that track equally long uptrends and Downtrends.

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    On the Downtrends, the 0.618 price level should be where the final buyers are exhausted as sellers take the opportunity to unload their positions and short-sellers jump off the fence to push down the price and resume the downtrend.

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