In this week's Weekly Markets Analysis I wrote a special article about catching shift in trend.
marketzone.tumblr.co...s-is-there-a-perfect
In this $EURAUD example we can clearly see the stages from the initial RSI signal to through the different patterns till the actual confirmation that there's a new trend.
Notice how the Butterfly pattern was the top of the trend, creating an impressive False Break that cleaned out all the weak bears before actually changing direction.
marketzone.tumblr.co...s-is-there-a-perfect
In this $EURAUD example we can clearly see the stages from the initial RSI signal to through the different patterns till the actual confirmation that there's a new trend.
Notice how the Butterfly pattern was the top of the trend, creating an impressive False Break that cleaned out all the weak bears before actually changing direction.