I would like a little more info on "Shelf Support" and "Shelf
Resistance" vs traditional patterns. They do not appear to be
listed as a common Reversal Pattern and Continuation Pattern.
a) are they considered double or triple top or bottoms
"type"?
b) What is their "relevance ranking" and "
percentage of objective reached"?
c) It seems like we are seeing and using a ton of these, and
less of the traditional patterns. Due to the market
stagnation?
Thanks
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
"Shelf Support" and "Shelf Resistance" vs traditional patterns
Posted by Walt on 19th of Oct 2016 at 11:01 am
I would like a little more info on "Shelf Support" and "Shelf Resistance" vs traditional patterns. They do not appear to be listed as a common Reversal Pattern and Continuation Pattern.
a) are they considered double or triple top or bottoms "type"?
b) What is their "relevance ranking" and " percentage of objective reached"?
c) It seems like we are seeing and using a ton of these, and less of the traditional patterns. Due to the market stagnation?
Thanks