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® “Home-Study Course” Study Manual Page 108
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9. Elongated Price Bar:
A large price range has significant meaning and is called the
“Elongated Price Bar.” This type of price bar is at least 1/3
longer than the previous 3 to 5 price bars. Elongated price bars
can signal the beginning or end of a trend. Since the ART®
“Charting Software” identifies all ART® “Reversals”, it does not
need to identify elongated ART® “Reversals”. When you see an
ART® “One-Bar Reversal” that is elongated, it represents high
emotions in the market between buyers and sellers and is one of
the highest probability ART® “One-Bar Reversal” signals.
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