Market movements have inertia. Once a clear trend is established, most reversal patterns are likely to fail and are more likely to result in a consolidation range. Only in rare cases will they lead to a breakout against the trend and reverse the original trend.
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Market movements have inertia. Once a clear trend is established, most reversal patterns are likely to fail and are more likely to result in a consolidation range. Only in rare cases will they lead to a breakout against the trend and reverse the original trend.