Elrouby

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TVC:USOIL   CFDs on WTI Crude Oil
round bottom model

🔹 Represents an example: a long-range model of aviation.

🔹 To have a copy of my reflection, to have a direction to reflect on

Begins to make a downward movement on descending tops and bottoms

There are a lot of prices available on the real, on the ground.
🔹 And when the round bottom is formed at the end, after a period of decline, the price can reverse the downward trend.

You might think that a round bottom is similar to a head and shoulders bottom without specific shoulders
where the head represents the drop and is in the center of the pattern,

🔹 Models based on trading volumes are similar and this is confirmed with the occurrence of a high head
Since symmetry is preferred in the round bottom but the left and right side are not equal in time and slope, the important thing is to catch the core of the model.
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