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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 (86010)	4/19/2024 3:05:19 PM
From: Qone0	1 Recommendation Recommended By Sun Tzu Read Replies (3) \| Respond to of 97558

>> (1) How can something go past the HOP before the pattern completes (ignoring gaps).<< It can't, when a pattern completes that bar that completed it is called the terminal bar. The terminal bar is is now the measure. One bar must close above the terminal bar if it's a bullish pattern to confirm the pattern. If this doesn't happen before the hop is hit, then the pattern is not valid because the market didn't see it for one bar. This is how patterns confirm. After the pattern confirms the entry signal is HSI coming out of overbought, then checking back that bar. >> (2) I was talking about NVDA, not NQ. Is there a confirmed pattern there?>> Nope.