How to Identify Positive Risk-Reward Ratios with Price Action | DailyFX: "The role of price action can differ depending on the prevailing market condition. If the market is moving higher, price will often make a series of ‘higher-highs’ and ‘higher-lows.’ During down-trends, price will often make a series of ‘lower-lows’ and ‘lower-highs.’ The chart below will illustrate both an up, and down-trend:"
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