All those defining peaks in a Betfair graph obviously are very important in technical analysis.Īt the 13:00 race the Betfair chart shows the odds movement even after the start of the race just a few seconds before the horses cross the finish line. Additionally, 1.75 will be the support level, which if we look closely, the odds have bounced off in the beginning of trading. In the same way we draw the trendline that shows the forthcoming upward trend by connecting the previous lows. At that point the odds “bounced” and we could easily see that, since the odds broke the blue dashed line that was defined by the previous highs. Son of Flicka initially had a downward trend moving its’ odds from 2.00 to 1.75. Learn about Betfair trading and read the latest news about sports trading in my new trading blog! In that way I can discuss how to apply technical analysis in Betfair showing real examples. Besides the odds movement, I have added to the Betfair graphs some technical analysis’ elements, mainly trendlines, support and resistance levels. Here are the Betfair charts of the favorite horses of 6 horse racing betfair markets which took place yesterday. Technical analysis can be applied in Betfair betting markets and many Betfair traders make money trading with it.
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