DislikedI'm done I think. 3 trades in 9 minutes on NQ: -20, +11, +108 {image}Ignored
I don't specifically look for these types of patterns, but when they occur gives me some more confidence in the position. This was a head and shoulders bottom. I'd be the first to tell myself the pattern is irrelevant, but the mechanics of what's happening are important. Swing point before the final low is broken by the second shoulder, then a higher low is made as traders can't get back to the prior low and so 3 efforts to move down, all fail, price will move up.
Small disciplines repeated with consistency lead to great achievements.