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Herd actions refers back to the inclination of traders to Adhere to the actions of the majority. This conduct can cause industry bubbles and crashes as traders might overlook warning symptoms and continue to Stick to the development. In case the MACD is below zero, the MACD crossing below the signa

The upper shadow is typically tiny or nonexistent. The hammer pattern signifies that sellers had been originally answerable for the market, pushing selling prices reduced, but then purchasers stepped in and pushed selling prices again up, forming the long lessen shadow. Elliot saw the identical pat