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An introduction to Hook Reversal Pattern::
There are different types of candlestick patterns in the technical analysis of the stock. With the help of these candlestick patterns, the traders and technical analysts understand the nature of the market and the movements of the stock prices and thus are capable of generating accurate tips. One of the commonly discussed patterns is Hook Reversal Pattern. This pattern is formed and determined by the traders in the case of higher low and lower high when it is compared by the candlestick of previous day. The pattern formed is exceptional as there is difference in the size of first and second body of the bar. Money Classic Research is one of the leading advisory firms, which use candlestick chart to predict the trend of the market.
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An introduction to Accumulative Swing Index::
The technical analysts implement accumulative swing index in order to determine the long-term trend of the stock. The comparison of the bars is done, which holds opening, closing, high and lows of the stock prices over a certain period. When the value of the ASI is positive then it indicates that long-term trend will be higher. When the value of the ASI is negative then it indicates that the long-term trend will be lower. Investors under the guidance of technical analysts implement this technical indicator to generate the accurate intraday trading tips. The advisory firm, Money Classic Research hires the best and most experienced technical analysts, who can guide their clients well.
Read More@ http://moneyclassicresearch.blogspot.com/
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