Just trying to work out where we are
If this is just stretching a leg of the pattern out for a bit of up then the pattern remains
If it was reversal then the pattern may change
If it is caused by a big players withdrawal from the market then the pattern is caused by the algorithm and could change once that big player has left
Could also be a load of nonsense, some say people who look hard enough can find a pattern even where a pattern does not exist
(funny how I have managed to do that for the past few months though)
If this is just stretching a leg of the pattern out for a bit of up then the pattern remains
If it was reversal then the pattern may change
If it is caused by a big players withdrawal from the market then the pattern is caused by the algorithm and could change once that big player has left
Could also be a load of nonsense, some say people who look hard enough can find a pattern even where a pattern does not exist
(funny how I have managed to do that for the past few months though)