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A well-formed hammer appearing during a pullback in a strong uptrend, in conjunction with a momentum indicator extreme low, can make a very pretty picture.
What's your Favorite chart pattern?
- Thread starter KCalhoun
- Start date
A well-formed hammer appearing during a pullback in a strong uptrend, in conjunction with a momentum indicator extreme low, can make a very pretty picture.
mine is buy from break out or buy from support
I like Crouching Tiger, Hidden Dragon
A week of consolidation above/below all relevant vWaps and a clear target above/below. Trading breakouts all i am concerned with is that i am in a supply/demand zone and far from a decision zone. For the long side once we open up on a breakout i know its a good chance im going to see ATR expansion and follow through but all i really want is a nice day 1 run and a solid hold for day 2 so i can adjust my stop to riskless-ish everything else is gravy
Thanks,
How often do these emerge in your experience?
Do you implement measured moves using these?
Would principles of measured moves as applied to say an A to B / C to D, or a Double Bottom perhaps apply to Crouching Tiger, Hidden Dragon?
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Sent you a PM. Ask questions there...
You truly believe that successful traders are going to reveal their secret sauce so that you can eat their lunch...?
