Saturday, November 23, 2013

Best chart patterns : J-hook pattern

J-hook pattern
  • uptrend, followed by a small pullback/consolidation, then a decisive UP candle
  • Entry:  Enter on the day of the breakout if the candlestick looks like it will close above the breakout level. Another entry is the day after the breakout on an opening price above the breakout level.



pullback ends above the point where the uptrend started


 



   

   

   

   

   
  


nice candle on support 50 dma

MU weekly 

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