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With the fibonacci ratios forex trading London session starting at the tail end of the Asian session, over the course of the day, and the North American session beginning at around the middle of the European session. Several sessions overlap,

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M Reversal Patterns A price pattern that signals a change in the prevailing trend is known as a reversal pattern. These patterns signify periods where either the bulls or the bears have run out of steam. The established trend will pause and then head in.

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If price continues on its trend, the price pattern is known as a continuation pattern. Common continuation patterns include: Pennants, constructed using two converging trendlines Flags, drawn with two parallel trendlines Wedges, constructed with two converging trendlines, where both are angled either up or down.

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