Failure Swing
This model represents two peaks where the left one is higher than the right one. It can remind one the Head and Shoulders figure without the left shoulder or the Double Top figure where the right top is a bit lower than the left one. Forex forecast.
Price movement after the breakage of a trend is usually limited in the direction of the breakage by the size of the figure in it maximum scope.
It all works the same way for the specular reflection of the Failure Swing figure.
Often a Failure Swing figure precedes strong movements on the market.
