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Here is a classic short pattern. Look at the big red arrow pointing down, major reversal to the down side.
Now look at the bottom of the chart and you will see a-- I -- this is an intermediate reversal pattern and commendation with the Bollinger Band. You would take this very serious. Reason being, if you will notice it is outside the Bollinger Band, but the stock was moving back towards the Bollinger Band the next five-minute bar was inside the band and the top of the Bollinger Band had turned down confirmation time.
The short came between the big red arrow and the -- I -- indicator
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