XTD, what timeframe of that pattern are you looking at PB ? the whole 12mth, 6mths or the last Qtr?.
in the smaller timeframes last 3 weeks is the same? flattop pattern you were looking at last year. Either way nice credentials with the 35day/ 200 day cross about to get printed.
or is it that the pattern is based on the retest to support 35day MA, after the initial 1st leg up?
just want to clarify so I know exactly what you mean.
the retest to the 35* MA after the base is how I first learnt my 101 entry for dummies. *timeframe relative to what you trade in *
I find it specifically targets the Elliott 3rd wave of that timeframe as that is what I have always found when they continue up.
If strong momentum or bullish diverg is visible in the indicators prior I usually go with the same set up off the 10*. More of a risk but acceptable to me if you are able to exit quick on any first signs of negative outcome.
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