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® “Home-Study Course” Study Manual Page 169
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WEEK THREE:
STUDY SESSION #2
IDENTIFYING TREND EXHAUSTION
The “Pyramid Trading Point®” can be used to gauge when a trend may
exhaust itself. MOST trends end after FOUR consecutive “Pyramid
Trading Points®” in the same direction.
Usually ALL trends end after FIVE consecutive “Pyramid Trading
Points®” in the same direction.
At times, SIGNIFICANT trends may have EIGHT or more consecutive
“Pyramid Trading Points®” in the same direction before the trend
changes. The most significant trends occur when traders on other time
frames are participating in the trend as well.
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