i trade the overnight session 3-4 days a week. The short squeeze move up we saw on Monday begun minutes after the Ukraine news. I don’t expect these levels to last but I’m also flat at the moment
just google diamond pattern and connect the trend lines. U never know which way its gonna break out. But once it does, the breakout is the most reliable pattern in ES
last week we had no real news. ES tends to trend lately on minimal news weeks. Nice downtrend. next week we have plenty of economic reports including the fed. I'm expecting a choppy week
It’s usually a reversal pattern so in this case it’s have been going to the upside, but there’s no edge if you’re trying to get in before they form. It’s just one of many confluences you’d use in your trading plan