Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: codfish23 who wrote (129042)	8/2/2019 1:07:51 PM
From: Qone0	Read Replies (1) of 218583

Thanks, the market makes the patterns, I just recognize and observe their behavior. Over time watching how each pattern reacted at completion, in many different time frames, I have a idea how each pattern will play out as it reacts. Remember RTY topping pattern. This is a pattern I discovered after watching sharks stall at their reaction point a 1.13 fib above the X point. Then explode higher about 50% of the time with out ever getting out of the PRZ zone. Only to react at higher fib and then hit their profit targets at about a 90% rate. I'm calling it the Orca, because its bigger than a shark and eats them. <g> This RTY chart I posted you can see the price stall at the 1.13 and then explode higher to become a Orca. Message 32263099

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