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in this video guys if you look at the ascending scalloped chart pattern hey guys warm welcome to you alright so this is one of those patterns that signifies a potential reversal the ascending scallop is a potential reversal from the down side to the up side so its a pattern that you would look to go long on this in my opinion works better in the higher time frames like the dailies like the weeklies not so effective in the smaller timeframes because so much more kind of noise that can potentially come in but you know make it work for whatever time frame you want to always look at it and decide if its something that you want to employ into your trading strategy and stick it into your trading arsenal so the idea of it is this we have price coming down and admittedly these bars are very nicely smooth arent they but for information and kind of hypothetical purposes you get the idea real world you might well get obviously noisier candlesticks and a few penetrate through but the shape is w
