This is the question:
Can you trade only one pattern and be profitable?
I'd say yes ...
Drum roll ...
Head and shoulders ... out of all the patterns I like this one the best; I get faked out the least and they work out the most; weather they are inverse or regular. You might be inclined to say double tops or bottoms but I find that sometimes those dbl tops or bottoms turn into triple tops or continuation patterns (ya I still try to trade them).
But HnS ... you dont often get a fake out; sure they may fail but you generally know it once they close above that rt shoulder or left (depends on you look at it).
Check the recent us30 chart using the hourly ...
Can you trade only one pattern and be profitable?
I'd say yes ...
Drum roll ...
Head and shoulders ... out of all the patterns I like this one the best; I get faked out the least and they work out the most; weather they are inverse or regular. You might be inclined to say double tops or bottoms but I find that sometimes those dbl tops or bottoms turn into triple tops or continuation patterns (ya I still try to trade them).
But HnS ... you dont often get a fake out; sure they may fail but you generally know it once they close above that rt shoulder or left (depends on you look at it).
Check the recent us30 chart using the hourly ...