Very Interseting
Updated
Hmmm...The Chekov formation that results in a downtrend as a result of a bollinger J hook Pattern.
There is not any correlation or study to verify this point....just found this interesting..
Happens on the Fibs too. Almost exactly-Either all traders are smart or heavy bots or algos are running this.
I set my buy at the next fib.
There is not any correlation or study to verify this point....just found this interesting..
Happens on the Fibs too. Almost exactly-Either all traders are smart or heavy bots or algos are running this.
I set my buy at the next fib.
Comment
The use of the term Chekov Formation is made up in my head....do not try looking it up. LOL SpasiboComment
The Buy is set with a sell gain on a dead cat bounce @ $.20Comment
I am very curious to see how this plays out!!!!
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