#CODI #short #stock
I know, I know another H&S. Well thats how it happens sometimes. The patterns just propagate thru out the market. This one is especially interesting because of the repeating H&S pattern thru out the time frames. You can see an H&S on the daily and 15 minute. They are all unique H&S formations. Really cool to see a pattern mirror thru the time frames.
Indicators look good. trend is slightly down. pattern looks good, not as symmetrical as I would like.RRR is 2.6
15 minute
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 0
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 1
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 1
Total score 9
Indicators look good. trend is slightly down. pattern looks good, not as symmetrical as I would like.RRR is 2.6
15 minute
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 1
pattern is syemtrical 0
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 1
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 1
Total score 9