PATTERNS do FAIL ..

here’s the great thing about pattern recognition … you don’t make “great calls” or “fundamentalize anything” you just simply find a pattern and – sometimes they work and sometimes they don’t.

Crude – didn’t but remember, we did have that unopened gap below the pattern .. but it didn’t.

TSLA – didn’t and it took off running.

so as you continue to build your ability w/ in pattern recognmition – use a stop and realize that it is not YOU who failed but the PATTERN.

Keeps you in the game, mentally …something that is always a work in progress for me.

B

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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