SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Sun Tzu
To: Sun Tzu who wrote (41530)11/1/2021 5:54:13 PM
From: Qone01 Recommendation  Read Replies (1) of 97462
 
First the pattern has to confirm after the terminal bar. The terminal bar is the highest bar after pattern completion. To confirm a bar has to close lower before hitting the hop. If the pattern confirmed it can violate the hop a little. Then it gets 30 bars to start the reaction. The reaction should really start within 10 bars. With every bar past 10 bars with the start of a reaction the odds of a reaction is dropping. At 30 bars after the pattern is confirmed, the pattern has most likely failed.

The exception to this is with short time frames, less than 5 min in the dead part of the day. That 3 min pattern today pushed the limits, it didn't start to react until the 26th bar.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News