30M c.pattern fizzled after a short move down.
Did I say, "compression patterns are reliable"? lol
There are no bad MAs.... only bad TFs.
Just have to let the market pick the TF and try and
follow. Here's the 30M dud... (but it did offer 100 pips
in a sharp drop using a ~5m trigger).
However, the limited and scattered 30M move has
allowed the 1H to form and not roll-over and now the
30M is beginning to reform so maybe they will join in sync.
In the meantime, the smaller TFs always bekon.
Just my view,
Dr. D.
Did I say, "compression patterns are reliable"? lol
There are no bad MAs.... only bad TFs.
Just have to let the market pick the TF and try and
follow. Here's the 30M dud... (but it did offer 100 pips
in a sharp drop using a ~5m trigger).
However, the limited and scattered 30M move has
allowed the 1H to form and not roll-over and now the
30M is beginning to reform so maybe they will join in sync.
In the meantime, the smaller TFs always bekon.
Just my view,
Dr. D.
Attached Images