I don't know what this shape or pattern is called but after it forms that U shape, it goes in the direction of the last leg significantly more than not. Often categorized by those 'small bars' mentioned by someone in an earlier post. Here's GBPJPY and GBPUSD.
- Post #6,701
- Quote
- Oct 22, 2009 1:39pm Oct 22, 2009 1:39pm
- | Joined Jul 2009 | Status: Steady as she goes | 294 Posts
- Post #6,702
- Quote
- Oct 22, 2009 1:59pm Oct 22, 2009 1:59pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,703
- Quote
- Oct 22, 2009 2:16pm Oct 22, 2009 2:16pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,704
- Quote
- Oct 22, 2009 2:45pm Oct 22, 2009 2:45pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,707
- Quote
- Oct 22, 2009 4:16pm Oct 22, 2009 4:16pm
Discipline is PRIMARY, Method is Secondary.....
- Post #6,708
- Quote
- Edited 5:15pm Oct 22, 2009 4:42pm | Edited 5:15pm
Discipline is PRIMARY, Method is Secondary.....
- Post #6,709
- Quote
- Oct 22, 2009 4:49pm Oct 22, 2009 4:49pm
Discipline is PRIMARY, Method is Secondary.....
- Post #6,710
- Quote
- Oct 22, 2009 5:17pm Oct 22, 2009 5:17pm
- Joined Aug 2007 | Status: Fluid | 1,133 Posts
Trading = a mirror to your human flaws. Fix them or be fixed.
- Post #6,714
- Quote
- Oct 22, 2009 6:58pm Oct 22, 2009 6:58pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,715
- Quote
- Oct 22, 2009 6:59pm Oct 22, 2009 6:59pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,716
- Quote
- Oct 22, 2009 7:03pm Oct 22, 2009 7:03pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,717
- Quote
- Oct 22, 2009 7:11pm Oct 22, 2009 7:11pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,313 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- Post #6,718
- Quote
- Oct 22, 2009 7:33pm Oct 22, 2009 7:33pm
- | Joined Apr 2009 | Status: Member | 203 Posts