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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (120770)6/21/2005 5:08:48 PM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
Take the distance from bottom of the 1st soldier to the top of the last soldier, and add 50%. Sometimes you can get the 100% extension, but probably 85% of the time I see the 50% extension operative.

The pattern can re-trace 50% before the target is reached. Technically , the pattern is not negated until the first candle is breached to the downside.

The 3-black crow pattern is similar in target calculations.