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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: codfish23 who wrote (129042)8/2/2019 1:07:51 PM
From: Qone0  Read Replies (1) | Respond to of 218568
 
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