This is a follow up on NBEV looking at the 30 minute chart, I noticed a pattern that I tend to overlook quite often. The AB=CD pattern. Also looking for more ways to add to a position that has uptrend potential.
One of my rules is if I am buying on the 30 minute chart, I take profits on the 30 minute chart as well. Anything under 60 minutes is for scalping IMHO and not an indication of a reversal.
Yes, this is one of my cluttered charts, but there is so much good stuff that confirms the price action I just had to post it.
Thought I might throw in a candlestick pattern while I am at it
One of my rules is if I am buying on the 30 minute chart, I take profits on the 30 minute chart as well. Anything under 60 minutes is for scalping IMHO and not an indication of a reversal.
Yes, this is one of my cluttered charts, but there is so much good stuff that confirms the price action I just had to post it.
Thought I might throw in a candlestick pattern while I am at it
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