What's this pattern?

SuperVolatility · Dec 19, 2009

Quote from R. Raskolnikov:

Is that flannel....looks cozy

No this gotta be snuggies

Pekelo · Dec 19, 2009

Quote from tradingbug:

also known as a broadening top. The daily chart of the NASDAQ composite also has this formation. My TA bible indicates that this is a bearish pattern.

For the OP I googled: megaphone pattern

http://www.trending123.com/patterns/reverse_symmetrical_triangle.html

PranKsterJack · Dec 19, 2009

Quote from dtrader98:

Did anyone spot this pattern on the 1 min ES today?:eek:

Outstanding and reliable entry signal!

No but I got drunk as shit and saw it on the bathroom floor while I was puking

I gotta call the tile guy first thing Monday

PranKsterJack · Dec 19, 2009

Quote from Pekelo:

For the OP I googled: megaphone pattern

http://www.trending123.com/patterns/reverse_symmetrical_triangle.html

In the actual Bible - the Accolytes indicated this would be a pattern in 2012

JSSPMK · Dec 20, 2009

Quote from Pekelo:

For the OP I googled: megaphone pattern

http://www.trending123.com/patterns/reverse_symmetrical_triangle.html

JSSPMK · Dec 28, 2009

Them megaphones aren't frequent behaviour intraday, are they? I don't recall seeing them as often as double/treble tops/bottoms or wedge type formations. Correct?

IanMacQuaide · Dec 28, 2009

Quote from davidmaria1:

How about this pattern?
Apparently it has re-appeared..

I once wore a kilt that looked a lot like that.

slapshot · Dec 29, 2009

Quote from JSSPMK:

What's this pattern about?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2676040>

It is about a market with no real conviction, otherwise known as "chop".

slapshot · Dec 29, 2009

Quote from davidmaria1:

How about this pattern?
Apparently it has re-appeared..

Isn't this a "Bay City Rollers" pattern?

"Tartan", I believe they used to call it.

"S-A-T-U-R-D-A-Y - hey!" "On Saturday night, Saturday night..."

What's this pattern?

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