Wednesday, April 18, 2012

Say hello to the "Fat Finger" pattern!

This is an Hourly chart but I have seen this pattern play out on nearly every time frame from the 1min to the weekly. 

This pattern can also be used for an up side move. I will point one out the next time I see it come along. But basically you just flip the fat finger pattern and ride the slow decent up instead of down. 



SPY


UUP / US- Dollar


SLV Chart. For those who like to trade Silver. 






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