Mastering the Megaphone Pattern
Let’s strip away all of the technical indicators for a moment and just focus on one pattern: the broadening formation, AKA, the Megaphone pattern. It’s a pattern that used to show up on my worst trading days before I learned to recognize it. I’m going to share why this pattern gets most traders (and my […]
March 25th, 2024 Two-way tape: Markets are really slow as we head into a shortened week. Nothing clearly favors either side in the short term; we’re in a two-way tape scenario. It’s not always about being bullish or bearish; sometimes the market just drifts sideways. The primary trend is up, so I prefer trading the […]