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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (41530)	11/1/2021 5:54:13 PM
From: Qone0	1 Recommendation Recommended By Sun Tzu Read Replies (1) \| Respond to of 97456

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.