@h00ts
What amuses me is all this talk today of a Bullish Homing Pigeon pattern being proffered when research actually explains "that the Homing Pigeon pattern only confirms 44.5% of the time on average overall all the 4120 markets we analysed. Historically, this patterns confirmed within 2.9 candles or got invalidated within 2.6 candles."
So it is safe to assume that while it is referred to as a "bullish' indicator it is suprisingly abearishindicator(or at best a coin toss - my addition)
And that is a quote from Thomas Bulkowski himself.
New TA/Charting, page-12170
-
- There are more pages in this discussion • 3,104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
95.5¢ |
Change
0.065(7.30%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | $1.05 | 91.5¢ | $32.20M | 33.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67883 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 78226 | 1 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |