رأس_الفيل
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#رأس_الفيل
In technical analysis, the "elephant's trunk" is a pattern that represents a price movement that resembles the shape of an elephant's trunk. It consists of three components:
1. Head: The peak or trough that represents a turning point.
2. Trunk: The pullback or reversal that occurs after the peak or trough.
3. Body: The sideways movement or stability before the major breakout.
How to use it:
Bullish Elephant: It appears in a downtrend and indicates the potential start of an uptrend after a pullback.
Bearish Elephant: It appears in an uptrend and indicates a potential reversal to the downside.
Traders watch this pattern to identify opportunities to enter or exit the market after it is completed.
In technical analysis, the "elephant's trunk" is a pattern that represents a price movement that resembles the shape of an elephant's trunk. It consists of three components:
1. Head: The peak or trough that represents a turning point.
2. Trunk: The pullback or reversal that occurs after the peak or trough.
3. Body: The sideways movement or stability before the major breakout.
How to use it:
Bullish Elephant: It appears in a downtrend and indicates the potential start of an uptrend after a pullback.
Bearish Elephant: It appears in an uptrend and indicates a potential reversal to the downside.
Traders watch this pattern to identify opportunities to enter or exit the market after it is completed.