lowtrade

[lowtrade]

It took 5 1/2 months to form the pattern and break. Could take 5 1/2 months to reach target max. Have to keep chart timing in mind when choosing a play. Normal targets are reached in half the time. But they can streach out to equal the time to form.

Thats why I chart 3 month charts, for a 2 week swing trades. Most patterns I play form over 1 1/2 months and I expect to be complete in half the time. But you always need to know, it could take longer and leave early on you trade plan, if targets don't hit as planned.