A pattern, trend, market condition, or mode of business that is ongoing, reliable and likely to stay that way for a specified time period. A continuation can be made more certain through contract, insurance, Hedging an investment, or expectations from general knowledge of market characteristics and market conditions and how these often play out. Identifying this type of pattern on a forex chart permits investors to plan ahead to take advantage of trends in currency markets.
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good until cancelled (GTC)
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