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

To: yard_man who wrote (170979)	4/6/2022 6:59:38 AM
From: GROUND ZERO™	2 Recommendations Recommended By Mevis yard_man Read Replies (1) \| Respond to of 222134

You're welcome... They're not that common but when they complete the pattern then there's a better than 85% likelihood of a powerful follow though over the next 7 market days... The only real warning is that when the pattern is very close to completion on its final day, then the odds of actually completing is very LOW... When I see that near completion develop on the final day, then I generally fade that trade in the other direction, but reverse right away if it completes... So often they nearly complete only to collapse and then the ongoing trend continues... It's a huge tug of war between the bulls and bears... Getting so close to completion and not actually completing the pattern is very common... GZ