Monday, April 18, 2022 1:45:16 PM
Stochastic 1-2 Punch pattern...often precedes a price-action reversal :
Price makes a lower low while stochastic makes a higher low (price to indicator divergence)
Also note the MACD moving averages are trending upwards as the pattern developes.
The pattern often happens across multiple time frames and is a great entry signal.
Price makes a lower low while stochastic makes a higher low (price to indicator divergence)
Also note the MACD moving averages are trending upwards as the pattern developes.
The pattern often happens across multiple time frames and is a great entry signal.
"There is but one straight course, and that is to seek truth and pursue it steadily." -- George Washington
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
