TWNK thoughts, this has some good examples of what I try to look for and watch out for. Not a perfect strategy, but does help to wait for the signal 2-3 candles later with the .10 move higher or lower to try to avoid false breaks.
Sorry if I don't reply much, away for a long weekend with the family. (good thing they are not morning people. LOL)
60 minute chart from sept
current chart, for my trading strategy, I have to wait for a signal candle which would be a full candle above or below the pattern and then wait for a trigger of .10 follow through after 2-3 candles. But it would be a low risk/reward to buy the bottom trend line at 11.28 ish with a stop around 11.15 IMHO
I like your advice given in the past, don't try to think what the stock is doing, let the charts tell you what it is doing.
Sorry if I don't reply much, away for a long weekend with the family. (good thing they are not morning people. LOL)
60 minute chart from sept
current chart, for my trading strategy, I have to wait for a signal candle which would be a full candle above or below the pattern and then wait for a trigger of .10 follow through after 2-3 candles. But it would be a low risk/reward to buy the bottom trend line at 11.28 ish with a stop around 11.15 IMHO
I like your advice given in the past, don't try to think what the stock is doing, let the charts tell you what it is doing.
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