Live Trading Example 26 -  Descending Tops and Bottoms
Channel: ForexBoat
Date: 2017-04-21

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This live Forex trading example video shows how to identify potential bearish impulse on the chart. The EUR/USD shows resistance level on the 15-minute chart. The price tested the level of three times. After the third bounce, the price created two lower tops and two lower bottoms. This is a pattern called Descending Tops and Bottoms. This gave me a signal that the price is about to do a bearish run.