
Technical | Analysis page 390 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 17 ShortTerm Patterns 361 Although short-term patterns are usually reversal patterns, they can be used as continua- tion patterns in corrections within a trend. For example, in a strong upward trend, when the price corrects or retraces in a normal manner and a cluster of evidence forms that…