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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: sam_o who wrote (28210)8/23/2000 7:43:43 AM
From: dli  Respond to of 42787
 
Sam, a pattern failure occurs when a price pattern is resolved in the opposite direction of what most people expect from it. e.g. a descending triangle looking to break down that instead breaks higher. Those people that anticipated the move or got in on the first fake out move then find themselves trapped on the wrong side of the market.

Dave